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Marginal Way Preservation Fund

RegisteredEIN 01-0957572Ogunquit, MEEnvironment and conservation
Income$754k2023-12
Spending$318ksame year
Spent / received33%5-year average
Size in its cause73rd pctEnvironment and conservation
Exempt since2011Publicly supported organisat
Employees1latest return

Analysis

Marginal Way Preservation Fund is a registered charity in United States, based in Ogunquit, ME. It received its IRS tax-exemption ruling in February 2011, 15 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Marginal Way Preservation Fund reported income of $754k and spending of $318k, leaving 58% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $297k to $754k (+154%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 128%. Over the whole period it spent 33% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Marginal Way Preservation Fund sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within ME. Charities of a similar size with the same main cause include Mangrove Action Project ($753k), Greenlink Analytics Inc ($754k) and Yellowstone Wildlife Sanctuary ($752k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Other salaries and wages came to $156k. At year end it held assets of $3.5m against liabilities of $7,189, net assets of $3.5m. It reported 1 employees.

Income and spending

$0$212k$424k$636k$847k2019 Income: $296,8692019 Spending: $123,11720192020 Income: $371,8862020 Spending: $147,66920202021 Income: $847,3852021 Spending: $180,20820212022 Income: $704,2892022 Spending: $201,24720222023 Income: $754,3642023 Spending: $318,2102023
IncomeSpending

Where the income comes from

  • Contributions & grants 88%
  • Other 12%

Similar-sized charities, same cause

CharityLocationIncome
Mangrove Action ProjectSeattle$753k
Greenlink Analytics IncAtlanta$754k
Yellowstone Wildlife SanctuaryRed Lodge$752k
Olympia Community SolarOlympia$755k