Macomb Foundation

Analysis

Macomb Foundation is a registered charity in United States, based in Mount Clemens, MI. It received its IRS tax-exemption ruling in April 1991, 35 years ago. 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, Macomb Foundation reported income of $171k and spending of $164k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $35k to $171k (+384%), an average of +48% a year. The sharpest change came in the year to December 2021, when income rose by 1055%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Macomb Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within MI. Charities of a similar size with the same main cause include United Presbyterian Ministries of Maryland Inc ($171k), Meals on Wheels of Jefferson County Inc ($171k) and Spencer Community of Hope Incorporation ($171k).

Other salaries and wages came to $117k. At year end it held assets of $309k against liabilities of $278k, net assets of $31k.