Agnes Smith McDowell TR

Analysis

Agnes Smith McDowell TR is a registered charity in United States, based in Cynthiana, KY. It received its IRS tax-exemption ruling in March 2008, 18 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Agnes Smith McDowell TR reported income of $232k and spending of $300k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $502k to $232k (-54%), an average of -18% a year. The sharpest change came in the year to December 2020, when income dropped by 47%. Over the whole period it spent 81% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Agnes Smith McDowell TR sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within KY. Charities of a similar size with the same main cause include Get Together Foundation ($232k), Full Circle Fund ($232k) and Texas Stars Foundation ($232k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 83% of the total. Compensation of current officers, directors and key employees was $29k (9.6% of expenses). At year end it held assets of $6.8m against liabilities of $0, net assets of $6.8m.