McKinlock Post Foundation

Analysis

McKinlock Post Foundation is a registered charity in United States, based in Lake Forest, IL. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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, McKinlock Post Foundation reported income of $210k and spending of $4,473, leaving 98% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $229k to $210k (-8.1%), an average of -8.1% a year. Over the whole period it spent 7.6% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, McKinlock Post Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within IL. Charities of a similar size with the same main cause include Rangers Scholarship Fund Inc ($210k), Grove City Community Library Inc ($210k) and Southern Automotive Womens Forum ($210k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $646k against liabilities of $38k, net assets of $609k.