Marion Town Committee

Analysis

Marion Town Committee is a registered charity in United States, based in Marion, PA. It received its IRS tax-exemption ruling in March 1983, 43 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Marion Town Committee reported income of $61k and spending of $60k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $79k to $61k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 72% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Marion Town Committee sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within PA. Charities of a similar size with the same main cause include Nashville Catholic Business Womens League Inc ($61k), Friends of Buker Elementary School Inc ($61k) and Association for Women in Psychology ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 0.6% of the total. At year end it held assets of $209k against liabilities of $0, net assets of $209k.