Marineparents Com Inc

Analysis

Marineparents Com Inc is a registered charity in United States, based in Columbia, MO. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Marineparents Com Inc reported income of $579k and spending of $458k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $931k to $579k (-38%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 27%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Marineparents Com Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within MO. Charities of a similar size with the same main cause include Kidlinks ($579k), Berkeley County Meals-On-Wheels Inc ($579k) and Avoyelles Society for the Developmentally Disabled Inc ($579k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% of the total. Compensation of current officers, directors and key employees was $156k (34% of expenses). Other salaries and wages came to $85k. At year end it held assets of $453k against liabilities of $73k, net assets of $380k. It reported 6 employees.