McKenna Foundation

Analysis

McKenna Foundation is a registered charity in United States, based in New Braunfels, TX. It received its IRS tax-exemption ruling in November 2008, 18 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, McKenna Foundation reported income of $4.2m and spending of $3.6m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.3m to $4.2m (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, McKenna Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include National Network for Oral Health Access Inc ($4.2m), Cancer Center of Western Wisconsin Inc ($4.2m) and Carnales Unidos Reformando Adictos Incorporate ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% of the total. Other salaries and wages came to $260k. At year end it held assets of $80.5m against liabilities of $7.1m, net assets of $73.4m.