George B McMillan Memorial Trust Fund

Analysis

George B McMillan Memorial Trust Fund is a registered charity in United States, based in Wisconsin Rapids, WI. It received its IRS tax-exemption ruling in June 2001, 25 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, George B McMillan Memorial Trust Fund reported income of $251k and spending of $228k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $186k to $251k (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2020, when income rose by 121%. Over the whole period it spent 82% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, George B McMillan Memorial Trust Fund sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within WI. Charities of a similar size with the same main cause include Youth Shrine Bowl ($251k), Evansville Youth Hockey Association Inc ($251k) and Kankakee Youth Hockey Club ($251k).

Compensation of current officers, directors and key employees was $44k (19% of expenses). At year end it held assets of $4.7m against liabilities of $0, net assets of $4.7m.