MCCF Inc

Analysis

MCCF Inc is a registered charity in United States, based in Ripley, WV. It received its IRS tax-exemption ruling in January 2016, 10 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 December 2023, MCCF Inc reported income of $828k and spending of $168k, leaving 80% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $828k (-35%), an average of -10% a year. The sharpest change came in the year to December 2022, when income dropped by 195%. Over the whole period it spent 59% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, MCCF Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within WV. Charities of a similar size with the same main cause include United Way of Franklin County ($828k), United Way of Lamar County ($829k) and Issa TR Foundation Inc ($827k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.6% of the total. Compensation of current officers, directors and key employees was $12k (7.1% of expenses). Other salaries and wages came to $15k. At year end it held assets of $6.2m against liabilities of $98k, net assets of $6.1m.