McCormick Gives Inc

Analysis

McCormick Gives Inc is a registered charity in United States, based in Hunt Valley, MD. It received its IRS tax-exemption ruling in October 2017, 9 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 November 2023, McCormick Gives Inc reported income of $159k and spending of $84k, leaving 47% of income unspent that year. Across the 2 years on record, from November 2022 to November 2023, income fell from $178k to $159k (-11%), an average of -11% a year. Over the whole period it spent 54% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, McCormick Gives Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 49th percentile within MD. Charities of a similar size with the same main cause include Nba Housing of St Louis-Columbia- Boone County Mo Inc ($159k), Curing Retinal Blindness Foundation Inc ($159k) and Regents Endowment Fund ($158k).

On its Form 990-EZ for the period ending November 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $320k against liabilities of $0, net assets of $320k.