Graeme McDaniel Foundation

Analysis

Graeme McDaniel Foundation is a registered charity in United States, based in Katy, TX. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 June 2024, Graeme McDaniel Foundation reported income of $489k and spending of $416k, spending 85% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $170k to $489k (+188%), an average of +70% a year. The sharpest change came in the year to June 2023, when income rose by 96%. Over the whole period it spent 78% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Graeme McDaniel Foundation sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Work in Progress Inc ($489k), GMC the Berry Patch ($490k) and Wello Inc ($489k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 15% of the total. At year end it held assets of $219k against liabilities of $0, net assets of $219k.