Kathleen McGehee Trust

Analysis

Kathleen McGehee Trust is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in May 1969, 57 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Kathleen McGehee Trust reported income of $194k and spending of $458k, spending 237% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $597k to $194k (-68%), an average of -24% a year. The sharpest change came in the year to December 2021, when income rose by 60%. Over the whole period it spent 105% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kathleen McGehee Trust sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within FL. Charities of a similar size with the same main cause include Power4life Ministries ($194k), Knights of Columbus Council 6624 Inc ($194k) and Sound Reasoning Ministries Inc ($194k).

At year end it held assets of $10.1m against liabilities of $0, net assets of $10.1m.