Macomb Charitable Foundation

Analysis

Macomb Charitable Foundation is a registered charity in United States, based in Ray, MI. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Macomb Charitable Foundation reported income of $429k and spending of $435k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $232k to $429k (+85%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 52%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Macomb Charitable Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within MI. Charities of a similar size with the same main cause include Adams County Council for Aging Inc ($429k), Food at First ($429k) and Tri-County Family Justice Center Ofnortheast New Mexico Inc ($429k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $391k against liabilities of $0, net assets of $391k.