McFi Home Care LLC

Analysis

McFi Home Care LLC is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, McFi Home Care LLC reported income of $3.7m and spending of $4.1m, spending 109% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $7.6m to $3.7m (-51%), an average of -13% a year. The sharpest change came in the year to December 2019, when income dropped by 26%. Over the whole period it spent 111% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, McFi Home Care LLC sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within WI. Charities of a similar size with the same main cause include Vna Space Coast Inc ($3.7m), Uva Community Health Inc ($3.7m) and Kleb Inc ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 97% of the total. Other salaries and wages came to $3.3m. At year end it held assets of $472k against liabilities of $5.9m, net assets of -$5.5m. It reported 244 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.