Macdonald Training Center Inc

Analysis

Macdonald Training Center Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in January 1957, 69 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Macdonald Training Center Inc reported income of $6.5m and spending of $5.7m, spending 88% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.1m to $6.5m (+27%), an average of +6.2% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Macdonald Training Center Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Connections for Kids ($6.5m), Reach Out America Intnl Inc ($6.5m) and Heart Food Pantry ($6.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 36% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $309k (5.4% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $5.2m against liabilities of $2.2m, net assets of $3.1m. It reported 128 employees.