Marvin Warroad Area Foundation

Analysis

Marvin Warroad Area Foundation is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in July 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Marvin Warroad Area Foundation reported income of $207k and spending of $126k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $130k to $207k (+59%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 1407%. Over the whole period it spent 76% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Marvin Warroad Area Foundation sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within MN. Charities of a similar size with the same main cause include Phillips County Healthcare Foundation Inc ($207k), Josh Seidel Memorial Foundation ($207k) and Magnolia Support Group ($207k).

At year end it held assets of $4.4m against liabilities of $0, net assets of $4.4m.