McLennan 100 Club

Analysis

McLennan 100 Club is a registered charity in United States, based in Waco, TX. It received its IRS tax-exemption ruling in June 2013, 13 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 December 2023, McLennan 100 Club reported income of $104k and spending of $89k, spending 85% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $211k to $104k (-51%), an average of -30% a year. The sharpest change came in the year to December 2022, when income dropped by 55%. Over the whole period it spent 52% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, McLennan 100 Club sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within TX. Charities of a similar size with the same main cause include Love and Grace Family Resource Ministry ($104k), Society of Saint Vincent de Paul Council of Los Angeles ($104k) and Siskiyou Mutal Aid Cooperative ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 14% of the total. At year end it held assets of $298k against liabilities of $3,685, net assets of $294k.