Vashti M McKenzie Foundation Inc

Analysis

Vashti M McKenzie Foundation Inc is a registered charity in United States, based in Columbia, MD. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Vashti M McKenzie Foundation Inc reported income of $50k and spending of $15k, leaving 71% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $58k to $50k (-14%), an average of -14% a year. Over the whole period it spent 50% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vashti M McKenzie Foundation Inc sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 19th percentile, and in the 22nd percentile within MD. Charities of a similar size with the same main cause include Trinity 1922 Foundation ($50k), Freedom Reigns Equine Assisted Ministry Inc ($50k) and National Humanitarian Fundraising for Myanmar Inc ($50k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $115k against liabilities of $0, net assets of $115k.