Macon Resources Inc

Analysis

Macon Resources Inc is a registered charity in United States, based in Decatur, IL. It received its IRS tax-exemption ruling in November 1988, 38 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Macon Resources Inc reported income of $12.9m and spending of $14.8m, spending 115% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $11.1m to $12.9m (+16%), an average of +3.8% a year. The sharpest change came in the year to June 2022, when income dropped by 25%. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Macon Resources Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IL. Charities of a similar size with the same main cause include Northeast Florida Health Services Inc ($12.9m), Heal the Hero Foundation ($12.9m) and Wood-Lawn Inc ($12.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.1% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $290k (2.0% of expenses). Other salaries and wages came to $8.0m. At year end it held assets of $21.5m against liabilities of $1.9m, net assets of $19.6m. It reported 516 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.