Margaret McDowell Associates Inc

Analysis

Margaret McDowell Associates Inc is a registered charity in United States, based in Walnut Creek, CA. It received its IRS tax-exemption ruling in November 1997, 29 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Margaret McDowell Associates Inc reported income of $810k and spending of $1.1m, spending 130% of what it took in. Across the 4 years on record, from September 2020 to September 2023, income grew from $708k to $810k (+14%), an average of +4.6% a year. Over the whole period it spent 130% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Margaret McDowell Associates Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Ashtabula Homeless Shelter Inc ($810k), Organizing Neighborhood Equity ($810k) and National Housing Institute ($810k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. Other salaries and wages came to $211k. At year end it held assets of $3.4m against liabilities of $8.5m, net assets of -$5.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.