Association of Marshall Scholars Inc

Analysis

Association of Marshall Scholars Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in July 1989, 37 years ago. 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, Association of Marshall Scholars Inc reported income of $1.3m and spending of $1.1m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $827k to $1.3m (+55%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 121%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Association of Marshall Scholars Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MA. Charities of a similar size with the same main cause include St James Manor ($1.3m), Al-Falaq Academy Inc ($1.3m) and Youth for Christ USA Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $195k (18% of expenses). Other salaries and wages came to $21k. At year end it held assets of $2.9m against liabilities of $34k, net assets of $2.9m. It reported 2 employees.