Katie McBride Foundation Inc

Analysis

Katie McBride Foundation Inc is a registered charity in United States, based in Great River, NY. It received its IRS tax-exemption ruling in November 2010, 16 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Katie McBride Foundation Inc reported income of $70k and spending of $103k, spending 147% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $107k to $70k (-35%), an average of -35% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 110% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Katie McBride Foundation Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Middle Tennessee Association of Alcholism and Drug Abuse Consl Inc ($70k), Cancer Hope Foundation ($70k) and Substance Abuse Council of Etowah County Inc ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 225% of the total. At year end it held assets of $111k against liabilities of $0, net assets of $111k.