McKeown Foundation

Analysis

McKeown Foundation is a registered charity in United States, based in Dresher, PA. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, McKeown Foundation reported income of $306k and spending of $148k, leaving 52% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $112k to $306k (+174%), an average of +40% a year. The sharpest change came in the year to December 2022, when income rose by 64%. Over the whole period it spent 37% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, McKeown Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within PA. Charities of a similar size with the same main cause include Kidney Cancer Research Alliance ($306k), San Jose Chamber of Commerce Community Benefit Foundation ($306k) and Father to the Fatherless International ($306k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $695k against liabilities of $250, net assets of $695k.