Paul McBeth Foundation

Analysis

Paul McBeth Foundation is a registered charity in United States, based in Brandon, FL. It received its IRS tax-exemption ruling in June 2021, 5 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, Paul McBeth Foundation reported income of $320k and spending of $229k, leaving 28% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $284k to $320k (+13%), an average of +6.3% a year. The sharpest change came in the year to December 2022, when income rose by 27%. Over the whole period it spent 52% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Paul McBeth Foundation sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include United Way of Wilkes County Inc ($320k), Friends of Gisaid Inc ($320k) and Sedalia School District Foundation Inc ($320k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $74k. At year end it held assets of $456k against liabilities of $7,308, net assets of $449k. It reported 2 employees.