Mc2 Community Development Corporation

Analysis

Mc2 Community Development Corporation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 2011, 15 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 (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mc2 Community Development Corporation reported income of $1.4m and spending of $413k, leaving 70% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.4m (+10%), an average of +2.5% a year. Over the whole period it spent 32% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mc2 Community Development Corporation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 60th percentile within DC. Charities of a similar size with the same main cause include Hoola Veteran Services ($1.4m), Ed Asner Family Center ($1.4m) and Global Ent Outreach ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $19.2m against liabilities of $0, net assets of $19.2m.