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J Warren & Lois McClure Foundation Inc

RegisteredEIN 03-0345186Middlebury, VTEducation and training
Income$657k2023-12
Spending$1.5msame year
Spent / received124%5-year average
Size in its cause71st pctEducation and training
Exempt since1995Supporting organisation
Employees1latest return

Analysis

J Warren & Lois McClure Foundation Inc is a registered charity in United States, based in Middlebury, VT. It received its IRS tax-exemption ruling in February 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, J Warren & Lois McClure Foundation Inc reported income of $657k and spending of $1.5m, spending 226% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $439k to $657k (+50%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 116%. Over the whole period it spent 124% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, J Warren & Lois McClure Foundation Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within VT. Charities of a similar size with the same main cause include Transition Academy ($657k), Friends of the Pasadena Public Library ($657k) and Educationquest Foundation Inc ($657k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $8.2m against liabilities of $204k, net assets of $8.0m. It reported 1 employees.

Income and spending

$0$370k$741k$1.1m$1.5m2019 Income: $439,0032019 Spending: $874,34420192020 Income: $948,9202020 Spending: $1,218,05620202021 Income: $1,310,6092021 Spending: $900,63720212022 Income: $895,7022022 Spending: $777,64620222023 Income: $656,8842023 Spending: $1,481,3832023
IncomeSpending

Where the income comes from

  • Contributions & grants 71%
  • Other 29%

Similar-sized charities, same cause

CharityLocationIncome
Transition AcademyKansas City$657k
Friends of the Pasadena Public LibraryPasadena$657k
Educationquest Foundation IncLincoln$657k
Math-Science NucleusFremont$657k