Father McCartan Memorial School Foundation

Analysis

Father McCartan Memorial School Foundation is a registered charity in United States, based in Marceline, MO. It received its IRS tax-exemption ruling in September 1998, 28 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 December 2023, Father McCartan Memorial School Foundation reported income of $125k and spending of $45k, leaving 64% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $50k to $125k (+149%), an average of +36% a year. The sharpest change came in the year to December 2022, when income rose by 228%. Over the whole period it spent 58% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Father McCartan Memorial School Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within MO. Charities of a similar size with the same main cause include Rockford Area Community Endowment ($125k), Covington Community Chest ($125k) and Clearfield Area United Way Inc ($125k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $819k against liabilities of $0, net assets of $819k.