McWa Inc

Analysis

McWa Inc is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in July 1989, 37 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, McWa Inc reported income of $207k and spending of $213k, spending 103% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $1.3m to $207k (-85%), an average of -46% a year. The sharpest change came in the year to December 2020, when income dropped by 86%. Over the whole period it spent 109% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, McWa Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within LA. Charities of a similar size with the same main cause include Friends of St Bartholomews Anglican Church Inc ($207k), Agua Viva International Inc ($207k) and Vietnam Vascular Anomalies Center ($206k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $117k (55% of expenses). Other salaries and wages came to $56k. At year end it held assets of $259k against liabilities of $402, net assets of $258k. It reported 3 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.