Volunteer McKinney Center

Analysis

Volunteer McKinney Center is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in May 1999, 27 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 September 2023, Volunteer McKinney Center reported income of $84k and spending of $88k, spending 105% of its income. Across the 2 years on record, from September 2022 to September 2023, income fell from $103k to $84k (-18%), an average of -18% a year. The sharpest change came in the year to September 2023, when income dropped by 18%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Volunteer McKinney Center sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within TX. Charities of a similar size with the same main cause include National Charity League ($84k), St Helena Rotary Club Foundation Inc ($84k) and Louis D Srybnik Foundation Inc ($84k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 108% of the total. At year end it held assets of $81k against liabilities of $1,440, net assets of $80k.