Marcos 16 15

Analysis

Marcos 16 15 is a registered charity in United States, based in Riverhead, NY. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Marcos 16 15 reported income of $141k and spending of $129k, spending 92% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $218k to $141k (-36%), an average of -20% a year. The sharpest change came in the year to December 2021, when income dropped by 43%. Over the whole period it spent 65% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Marcos 16 15 sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Tandem Builders ($141k), Bible2school Laurel Highlands ($141k) and Kollel Iyun Halacha Inc ($141k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $906k against liabilities of $128k, net assets of $779k.