JT Mestdagh Foundation

Analysis

JT Mestdagh Foundation is a registered charity in United States, based in St CLR Shores, MI. It received its IRS tax-exemption ruling in May 2020, 6 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, JT Mestdagh Foundation reported income of $236k and spending of $118k, leaving 50% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $245k to $236k (-3.8%), an average of -1.9% a year. The sharpest change came in the year to December 2023, when income rose by 73%. Over the whole period it spent 45% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, JT Mestdagh Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within MI. Charities of a similar size with the same main cause include Rhea County United Way ($236k), Shane Thurston Foundation Inc ($236k) and Canoeing for Kids ($235k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $370k against liabilities of $0, net assets of $370k.