M V Mayo Charitable Foundation is a 501(c)(3) organization based in Washington, District of Columbia, registered in 2016, with $1,289,167 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$1.3M
▼ 16.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$514K
Net assets
$10.3M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for M V Mayo Charitable Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For M V Mayo Charitable Foundation: 241 mo reserves · +60% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for M V Mayo Charitable Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For M V Mayo Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $458K (FY2016) to $1.3M (FY2024) across 9 reported years.
Financial snapshot
Operating margin
60.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$10.4M
Total liabilities
$55K
Net assets
$10.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,289,167▼16.4% | $514,333▲67.7% | $10,309,425▲8.1% | $10,364,905▲8.6% | 990PF |
| 2023 | $1,541,200▲278% | $306,705▼16.6% | $9,534,591▲14.9% | $9,540,771▲14.9% | 990PF |
| 2022 | -$863,729▼178% | $367,846▲25.5% | $8,300,096▼12.9% | $8,302,286▼13.0% | 990PF |
| 2021 | $1,104,310▲12.2% | $293,096▼18.4% | $9,531,671▲9.3% | $9,542,296▲9.4% | 990PF |
| 2020 | $984,345▼39.0% | $359,355▼24.8% | $8,720,457▲7.7% | $8,725,789▲7.8% | 990PF |
| 2019 | $1,614,634▲282% | $478,074▲2.1% | $8,095,467▲16.3% | $8,095,467▲16.3% | 990PF |
| 2018 | $422,424▼34.5% | $468,455▲2.0% | $6,958,907▼0.7% | $6,958,907▼0.7% | 990PF |
| 2017 | $645,196▲41.0% | $459,431▼9.7% | $7,004,938▲2.7% | $7,004,938▲2.7% | 990PF |
| 2016 | $457,662 | $508,576 | $6,819,173 | $6,819,173 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for M V Mayo Charitable Foundation (EIN 73-1587573) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.