Marcus Hook Community Development Corp

Analysis

Marcus Hook Community Development Corp is a registered charity in United States, based in Marcus Hook, PA. It received its IRS tax-exemption ruling in July 1982, 44 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, Marcus Hook Community Development Corp reported income of $127k and spending of $95k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $91k to $127k (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2022, when income rose by 43%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Marcus Hook Community Development Corp sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within PA. Charities of a similar size with the same main cause include Road Runners Club of America ($127k), PTA Florida Congress ($127k) and Operation Code ($127k).

Compensation of current officers, directors and key employees was $12k (13% of expenses). At year end it held assets of $914k against liabilities of $14k, net assets of $900k.