McNeese Kids Foundation

Analysis

McNeese Kids Foundation is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, McNeese Kids Foundation reported income of $150k and spending of $149k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $147k to $150k (+1.8%), an average of +1.8% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, McNeese Kids Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include Tulare County Association of Realtors Charitable Foundation ($150k), Friendship for Tots Inc ($150k) and Kivaleh Chafatzti Inc ($150k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 141% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k.