McClelland TB

Analysis

McClelland TB is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 1982, 44 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending January 2024, McClelland TB reported income of $241k and spending of $316k, spending 131% of what it took in. Across the 6 years on record, from January 2019 to January 2024, income fell from $609k to $241k (-60%), an average of -17% a year. The sharpest change came in the year to January 2021, when income rose by 189%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, McClelland TB sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within IL. Charities of a similar size with the same main cause include The Friends of the Howard County Library Inc ($241k), Pacific Southwest Mennonite Retreat Ministries Inc ($241k) and Beauregard Volunteer Fire Dept Inc ($241k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 44% of the total. Compensation of current officers, directors and key employees was $69k (22% of expenses). At year end it held assets of $4.3m against liabilities of $0, net assets of $4.3m.