Mehta Foundation Inc

Analysis

Mehta Foundation Inc is a registered charity in United States, based in Burke, VA. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Mehta Foundation Inc reported income of $225k and spending of $297k, spending 132% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $498k to $225k (-55%), an average of -33% a year. The sharpest change came in the year to December 2023, when income rose by 125%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mehta Foundation Inc 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 56th percentile, and in the 56th percentile within VA. Charities of a similar size with the same main cause include Going to School USA Inc ($225k), Rogers Parent Teacher Organization Inc ($225k) and Kids Chance Inc of Missouri ($225k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $280k (94% of expenses). At year end it held assets of $81k against liabilities of $0, net assets of $81k. It reported 1 employees.