McLaughlin Foundation Inc

Analysis

McLaughlin Foundation Inc is a registered charity in United States, based in South Paris, ME. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, McLaughlin Foundation Inc reported income of $179k and spending of $154k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $227k to $179k (-21%), an average of -5.7% a year. Over the whole period it spent 84% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, McLaughlin Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 44th percentile within ME. Charities of a similar size with the same main cause include Arizona Interfaith Power and Light ($179k), I Am Green ($180k) and Reuse Minnesota ($179k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $52k (34% of expenses). Other salaries and wages came to $39k. At year end it held assets of $659k against liabilities of $31k, net assets of $628k. It reported 4 employees.