Marion-Dillon-Florence CDC Inc

Analysis

Marion-Dillon-Florence CDC Inc is a registered charity in United States, based in Mullins, SC. It received its IRS tax-exemption ruling in February 2004, 22 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 (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 2024, Marion-Dillon-Florence CDC Inc reported income of $92k and spending of $116k, spending 127% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $80k to $92k (+14%), an average of +3.3% a year. Over the whole period it spent 122% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Marion-Dillon-Florence CDC Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 40th percentile within SC. Charities of a similar size with the same main cause include Yurok Alliance for Northern California Housing ($92k), Jackson Lane Apartments Incorporated ($92k) and Skinker Debalivere Housing Corporation ($92k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 66% and program service revenue 32% of the total. Other salaries and wages came to $19k. At year end it held assets of $617k against liabilities of $805k, net assets of -$188k.

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.