Marie Louise Community Foundation Inc MLCF

Analysis

Marie Louise Community Foundation Inc MLCF is a registered charity in United States, based in Boynton Beach, FL. It received its IRS tax-exemption ruling in December 2007, 19 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, Marie Louise Community Foundation Inc MLCF reported income of $162k and spending of $206k, spending 127% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $118k to $162k (+38%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Marie Louise Community Foundation Inc MLCF sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within FL. Charities of a similar size with the same main cause include Foa Foundation ($162k), Spring Branch Memorial Alcoholic Foundation ($162k) and Maximum Hope Foundation ($162k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $300 against liabilities of $0, net assets of $300.