McCoy Funding Foundation

Analysis

McCoy Funding Foundation is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in September 2024, 2 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2020, McCoy Funding Foundation reported income of $395k and spending of $385k, spending 97% of its income. Across the 2 years on record, from December 2019 to December 2020, income grew from $100k to $395k (+295%), an average of +295% a year. The sharpest change came in the year to December 2020, when income rose by 295%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, McCoy Funding Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within AZ. Charities of a similar size with the same main cause include HDP Mason Housing Corporation ($395k), Idaho Development and Housing Organization Inc ($395k) and Pepper Ridge Development LLC ($395k).

On its Form 990 for the period ending December 2020, revenue came from program service revenue 100% of the total. At year end it held assets of $10.0m against liabilities of $0, net assets of $10.0m.