McKenzie United Neighbors Fund

Analysis

McKenzie United Neighbors Fund is a registered charity in United States, based in MC Kenzie, TN. It received its IRS tax-exemption ruling in February 2003, 23 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 June 2024, McKenzie United Neighbors Fund reported income of $68k and spending of $56k, spending 83% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $42k to $68k (+60%), an average of +27% a year. The sharpest change came in the year to June 2024, when income rose by 49%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, McKenzie United Neighbors Fund sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within TN. Charities of a similar size with the same main cause include People & Possibilities Inc ($68k), Helping Hands Pantry NFP ($68k) and Bel Aire Elementary School PTO ($68k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 74% of the total. At year end it held assets of $96k against liabilities of $1,786, net assets of $95k.