McLindon Family Foundation

Analysis

McLindon Family Foundation is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, McLindon Family Foundation reported income of $205k and spending of $215k, spending 105% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $202k to $205k (+1.7%), an average of +0.6% a year. The sharpest change came in the year to June 2022, when income rose by 45%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, McLindon Family 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 54th percentile, and in the 53rd percentile within LA. Charities of a similar size with the same main cause include Arc Alliance Guardianship Services ($205k), Kings Mountain Ministerial Assoc Helping Hand Fund ($205k) and Edith Rudolphy Residence for the Blind ($205k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $53k. At year end it held assets of $235k against liabilities of $9,150, net assets of $226k.