McKenna Management

Analysis

McKenna Management is a registered charity in United States, based in New Braunfels, TX. It received its IRS tax-exemption ruling in December 1997, 29 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, McKenna Management reported income of $2.7m and spending of $2.8m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $2.7m (+7.2%), an average of +1.8% a year. The sharpest change came in the year to December 2022, when income rose by 26%. Over the whole period it spent 109% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, McKenna Management sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Penrickton Center for Blind Children ($2.7m), Glenmont ($2.7m) and Partnerships for Trauma Recovery ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.8% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $376k (14% of expenses). Other salaries and wages came to $715k. At year end it held assets of $9.7m against liabilities of $174k, net assets of $9.6m. It reported 39 employees.