Marnitas Table Inc

Analysis

Marnitas Table Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Marnitas Table Inc reported income of $1.1m and spending of $994k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $853k to $1.1m (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2020, when income rose by 25%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Marnitas Table Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MN. Charities of a similar size with the same main cause include Institute of Quantitative Systems Pharmacology Iqsp ($1.1m), Ecumenical Theological Seminary ($1.1m) and Dale Foundation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $134k (13% of expenses). Other salaries and wages came to $402k. At year end it held assets of $276k against liabilities of $162k, net assets of $115k. It reported 8 employees.