Eleanor and Laurence Myers Foundation

Analysis

Eleanor and Laurence Myers Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in March 1994, 32 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, Eleanor and Laurence Myers Foundation reported income of $334k and spending of $205k, leaving 39% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $70k to $334k (+376%), an average of +37% a year. The sharpest change came in the year to June 2024, when income rose by 1167%. Over the whole period it spent 160% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Eleanor and Laurence Myers Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Unity Medical Center Foundation ($334k), Glendale Library Arts & Culture Trust ($334k) and Topanga Enrichment Programs Inc ($334k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% of the total. At year end it held assets of $188k against liabilities of $153k, net assets of $35k.