Mac Sports Foundation

Analysis

Mac Sports Foundation is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in November 1991, 35 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 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 August 2023, Mac Sports Foundation reported income of $381k and spending of $377k, spending 99% of its income. Across the 2 years on record, from August 2022 to August 2023, income fell from $436k to $381k (-13%), an average of -12% a year. Over the whole period it spent 84% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mac Sports Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within MO. Charities of a similar size with the same main cause include Kids in Need Distribution Inc ($381k), Patrons of the Prado ($382k) and White Swan Foundation Inc ($381k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $204k against liabilities of $57k, net assets of $147k.