Tommy McNamara Charitable Foundation Inc

Analysis

Tommy McNamara Charitable Foundation Inc is a registered charity in United States, based in Miramar Beach, FL. It received its IRS tax-exemption ruling in September 2013, 13 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Tommy McNamara Charitable Foundation Inc reported income of $204k and spending of $172k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $91k to $204k (+124%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 224%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Tommy McNamara Charitable Foundation Inc 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 54th percentile, and in the 58th percentile within FL. Charities of a similar size with the same main cause include Taekwondo Alliance for Mission Foundation ($204k), TMM Ministries Inc ($204k) and Lake Zurich Bears Hockey Club Inc ($204k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $306k against liabilities of $0, net assets of $306k.