McKinley Eagles Charity Fund Inc

Analysis

McKinley Eagles Charity Fund Inc is a registered charity in United States, based in Canton, OH. It received its IRS tax-exemption ruling in February 2005, 21 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, McKinley Eagles Charity Fund Inc reported income of $398k and spending of $395k, spending 99% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $86k to $398k (+363%), an average of +47% a year. The sharpest change came in the year to May 2024, when income rose by 162%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, McKinley Eagles Charity Fund Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within OH. Charities of a similar size with the same main cause include Touchstone Foundation ($397k), Bothwell Regional Health Center Foundation ($398k) and Vandegrift Lacrosse Club Booster Organization ($397k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $106k against liabilities of $0, net assets of $106k.