Marcus Foundation Inc

Analysis

Marcus Foundation Inc is a registered charity in United States, based in Hopedale, MA. It received its IRS tax-exemption ruling in July 1991, 35 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Marcus Foundation Inc reported income of $72k and spending of $42k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $94k to $72k (-23%), an average of -6.2% a year. The sharpest change came in the year to December 2021, when income rose by 124%. Over the whole period it spent 30% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Marcus Foundation Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 37th percentile within MA. Charities of a similar size with the same main cause include North American Brain Injury Society ($72k), National Basketball Association Physicians Society Foundation ($72k) and Love From Liam Foundation Inc ($72k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% of the total. At year end it held assets of $652k against liabilities of $0, net assets of $652k.