Cardinal McIntyre Fund for Charity

Analysis

Cardinal McIntyre Fund for Charity is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 2023, Cardinal McIntyre Fund for Charity reported income of $888k and spending of $1.1m, spending 128% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $860k to $888k (+3.3%), an average of +0.8% a year. The sharpest change came in the year to June 2021, when income rose by 62%. Over the whole period it spent 140% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cardinal McIntyre Fund for Charity sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Toledo Community Service Center ($888k), Hillel the Foundation for Jewish Campus Life ($888k) and Honor Flight Northeast Indiana Inc ($888k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $3.7m against liabilities of $0, net assets of $3.7m.

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.