Old McDonalds Farm Inc

Analysis

Old McDonalds Farm Inc is a registered charity in United States, based in Corbett, OR. It received its IRS tax-exemption ruling in July 1994, 32 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, Old McDonalds Farm Inc reported income of $78k and spending of $90k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $86k to $78k (-8.7%), an average of -8.7% a year. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Old McDonalds Farm Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within OR. Charities of a similar size with the same main cause include Mount Blue Housing Inc ($78k), Farmers Market of Paris and ($78k) and Low Income Family Empowerment Inc ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 59% of the total. At year end it held assets of $258k against liabilities of $174k, net assets of $83k.