The McLaughlin Charitable Foundation Inc

Analysis

The McLaughlin Charitable Foundation Inc is a registered charity in United States, based in Orange Park, FL. It received its IRS tax-exemption ruling in February 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, The McLaughlin Charitable Foundation Inc reported income of $127k and spending of $158k, spending 124% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $133k to $127k (-4.1%), an average of -4.1% a year. Over the whole period it spent 111% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The McLaughlin Charitable Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 47th percentile within FL. Charities of a similar size with the same main cause include Imani Pearls Community Development Foundation ($127k), Matthew Foster Foundation ($127k) and Shady Dale Rodeo Inc ($127k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $1,208 against liabilities of $0, net assets of $1,208.