General McLane Foundation

Analysis

General McLane Foundation is a registered charity in United States, based in Edinboro, PA. It received its IRS tax-exemption ruling in November 2005, 21 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 June 2023, General McLane Foundation reported income of $155k and spending of $86k, leaving 45% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $133k to $155k (+17%), an average of +5.4% a year. The sharpest change came in the year to June 2021, when income rose by 93%. Over the whole period it spent 38% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, General McLane Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within PA. Charities of a similar size with the same main cause include Sommelier Scholarship Fund Inc ($155k), Maasai Association ($155k) and Foundation 191 ($155k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $963k against liabilities of $0, net assets of $963k.