McPherson Education Foundation
Analysis
McPherson Education Foundation is a registered charity in United States, based in Orange, CA. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, McPherson Education Foundation reported income of $86k and spending of $63k, leaving 28% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $66k to $86k (+31%), an average of +31% a year. The sharpest change came in the year to June 2024, when income rose by 31%. Over the whole period it spent 64% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, McPherson Education Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within CA. Charities of a similar size with the same main cause include Rocking Chair Deserters Inc ($86k), Wyoming Senior Fellowship Club Inc ($86k) and Love Inc of Greater Hillsboro ($86k).
On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 101% of the total. At year end it held assets of $147k against liabilities of $0, net assets of $147k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Rocking Chair Deserters Inc | Eaton Rapids | $86k |
| Wyoming Senior Fellowship Club Inc | Wyoming | $86k |
| Love Inc of Greater Hillsboro | Hillsboro | $86k |
| Armor of Hope Ministries Inc | Tallmadge | $86k |