McKinley Community Outreach Center

Analysis

McKinley Community Outreach Center is a registered charity in United States, based in Willoughby, OH. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, McKinley Community Outreach Center reported income of $123k and spending of $152k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $686k to $123k (-82%), an average of -35% a year. The sharpest change came in the year to December 2020, when income rose by 98%. Over the whole period it spent 57% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, McKinley Community Outreach Center sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 43rd percentile within OH. Charities of a similar size with the same main cause include Drew County Log a Load for Kids Inc ($123k), Burbank Rotary Foundation Inc ($123k) and National Charity League San Ramon Chapter ($123k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% of the total. Compensation of current officers, directors and key employees was $48k (32% of expenses). At year end it held assets of $1.1m against liabilities of $1,572, net assets of $1.1m. It reported 1 employees.