Carl McCain Memorial Foundation

Analysis

Carl McCain Memorial Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 1979, 47 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Carl McCain Memorial Foundation reported income of $532k and spending of $428k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $701k to $532k (-24%), an average of -6.7% a year. The sharpest change came in the year to December 2020, when income dropped by 44%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Carl McCain Memorial Foundation 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 71st percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Unite Up ($532k), Rick Sharp Alz Foundation ($532k) and Barlow Foundation ($532k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $3.4m against liabilities of $0, net assets of $3.4m.