McCaw Family Foundation Inc

Analysis

McCaw Family Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in May 1999, 27 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, McCaw Family Foundation Inc reported income of $268k and spending of $77k, leaving 71% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $79k to $268k (+237%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 471%. Over the whole period it spent 53% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, McCaw Family Foundation Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within IN. Charities of a similar size with the same main cause include Unitarian Universalist Friends Retreat Foundation ($268k), Rochelle Area Community Foundation ($268k) and Detectives Endowment Association Widows & Childrens Fund Inc ($268k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% of the total. Compensation of current officers, directors and key employees was $22k (28% of expenses). At year end it held assets of $1.8m against liabilities of $19k, net assets of $1.8m.