McCandless Collection Inc

Analysis

McCandless Collection Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, McCandless Collection Inc reported income of $375k and spending of $226k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $394k to $375k (-4.8%), an average of -4.8% a year. Over the whole period it spent 34% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, McCandless Collection Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Floyd Community Center for the Arts Inc ($375k), High Point Preservation Society Inc ($375k) and Calumet Theatre Company ($375k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.