Based in LITCHFIELD PARK, AZ, THE MICHAEL PHELPS FOUNDATION operates as a Public Charity. The organization reported $1.5M in revenue, $1.3M in expenses, $1.7M in total assets for fiscal year 2025. Imperigo tracks 28 reported grant relationships connected to this organization totaling approximately $1.0M.
THE MICHAEL PHELPS FOUNDATION'S (MFP) MISSION IS TO EMPOWER INDIVIDUALS TO LIVE HEALTHIER, MORE CONFIDENT LIVES BY PROVIDING WATER SAFETY, MENTAL WELLNESS, AND HEALTHY LIVING EDUCATION, EQUIPPING PEOPLE WITH THE SKILLS TO THRIVE IN AND OUT OF THE WATER.
How The Michael Phelps Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Showing up to 5 of 28 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $1.5M | $1.3M | $1.7M |
| 2024 | $1.3M | $1.3M | $1.4M |
| 2023 | $1.1M | $1.4M | $1.5M |
| 2022 | $833K | $870K | $1.7M |
| 2021 | $681K | $710K | $1.7M |
Between 2021 and 2025, reported annual revenue grew from $681K to $1.5M (+125%), with total assets most recently reported at $1.7M.
Interactive year-over-year charts and full filing details available with membership.
