Mystopia Foundation

Analysis

Mystopia Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in May 2023, 3 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mystopia Foundation reported income of $225k and spending of $210k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $231k to $225k (-2.7%), an average of -2.7% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mystopia Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Lutheran Church of the Master ($225k), Pilcrow Foundation ($225k) and Afcea Educational Foundation ($225k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. At year end it held assets of $20k against liabilities of $2,105, net assets of $17k.