Mayers Healthcare Foundation Inc

Analysis

Mayers Healthcare Foundation Inc is a registered charity in United States, based in FL River MLS, CA. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mayers Healthcare Foundation Inc reported income of $229k and spending of $89k, leaving 61% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $447k to $229k (-49%), an average of -15% a year. The sharpest change came in the year to December 2022, when income rose by 125%. Over the whole period it spent 120% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mayers Healthcare Foundation Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Lamorinda Village Inc ($229k), Townsend Ecumenical Outreach Inc ($229k) and Newday Foundation of LA Porte Inc ($229k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% of the total. At year end it held assets of $1.3m against liabilities of $1,490, net assets of $1.3m.