MCW Starz Elite

Analysis

MCW Starz Elite is a registered charity in United States, based in S Hamilton, MA. It received its IRS tax-exemption ruling in January 1966, 60 years ago. 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 August 2022, MCW Starz Elite reported income of $290k and spending of $276k, spending 95% of its income. Across the 4 years on record, from August 2019 to August 2022, income grew from $206k to $290k (+41%), an average of +12% a year. The sharpest change came in the year to August 2021, when income rose by 194%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, MCW Starz Elite sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within MA. Charities of a similar size with the same main cause include Poverty 2 Prosperity PS Inc ($289k), Community Health Foundation Inc ($290k) and West Virginia Nonprofit Association Inc ($289k).

On its Form 990 for the period ending August 2022, revenue came from contributions and grants 23% and program service revenue 77% of the total. Other salaries and wages came to $34k. At year end it held assets of $54k against liabilities of $4,265, net assets of $50k. It reported 1 employees.