Maccabee Foundation Inc

Analysis

Maccabee Foundation Inc is a registered charity in United States, based in Great Neck, NY. It received its IRS tax-exemption ruling in October 1993, 33 years ago. 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 June 2023, Maccabee Foundation Inc reported income of $416k and spending of $413k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.0m to $416k (-59%), an average of -20% a year. The sharpest change came in the year to June 2023, when income dropped by 46%. Over the whole period it spent 128% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Maccabee Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Claudius Crozet Park Inc ($416k), Madrid Educational Endowment Foundation ($416k) and In the Weeds ($416k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $465k against liabilities of $0, net assets of $465k.