Macys North Star Relief Fund

Analysis

Macys North Star Relief Fund is a registered charity in United States, based in Springdale, OH. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 January 2024, Macys North Star Relief Fund reported income of $781k and spending of $372k, leaving 52% of income unspent that year. Across the 4 years on record, from January 2021 to January 2024, income grew from $250k to $781k (+212%), an average of +46% a year. The sharpest change came in the year to January 2022, when income rose by 228%. Over the whole period it spent 47% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Macys North Star Relief Fund sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within OH. Charities of a similar size with the same main cause include Teen Street Skills ($781k), Miller Ferry Fire Department ($781k) and Dallas Township Rescue Inc ($781k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.