Mefiyi Foundation

Analysis

Mefiyi Foundation is a registered charity in United States, based in Gardnerville, NV. It received its IRS tax-exemption ruling in November 1997, 29 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mefiyi Foundation reported income of $131k and spending of $104k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $139k to $131k (-5.7%), an average of -5.7% a year. Over the whole period it spent 76% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mefiyi Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within NV. Charities of a similar size with the same main cause include Penfield Rangers Soccer Club Inc ($131k), Central Kansas Youth Golf Inc ($131k) and Reeths Puffer Youth Soccer Club Inc ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 8.7% of the total. At year end it held assets of $120k against liabilities of $25k, net assets of $95k.