MV Charitable Fund

Analysis

MV Charitable Fund is a registered charity in United States, based in McMinnville, OR. It received its IRS tax-exemption ruling in May 1987, 39 years ago. 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 June 2024, MV Charitable Fund reported income of $416k and spending of $286k, leaving 31% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $189k to $416k (+120%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 508%. Over the whole period it spent 34% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, MV Charitable Fund sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within OR. Charities of a similar size with the same main cause include Anchorage Youth Court ($416k), Womans Cancer Association of the University of Miami ($416k) and Ohio School for the Deaf Alumni Association ($416k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 52% of the total. At year end it held assets of $7.4m against liabilities of $143k, net assets of $7.3m.