H Malcolm Macdonald Charitable TR

Analysis

H Malcolm Macdonald Charitable TR is a registered charity in United States, based in Pennington, NJ. It received its IRS tax-exemption ruling in January 2000, 26 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 December 2023, H Malcolm Macdonald Charitable TR reported income of $700k and spending of $677k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $496k to $700k (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2022, when income dropped by 110%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, H Malcolm Macdonald Charitable TR sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within NJ. Charities of a similar size with the same main cause include Parent-Teacher Association of P S ($700k), Carlton Landing Academy Inc ($700k) and Greater Beckley Christian Schools Inc ($700k).

Compensation of current officers, directors and key employees was $120k (18% of expenses). At year end it held assets of $15.8m against liabilities of $0, net assets of $15.8m.