Marathi Mandal of Philadelphia Inc

Analysis

Marathi Mandal of Philadelphia Inc is a registered charity in United States, based in North Wales, PA. It received its IRS tax-exemption ruling in December 1981, 45 years ago. 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 July 2023, Marathi Mandal of Philadelphia Inc reported income of $51k and spending of $53k, spending 104% of its income. Across the 2 years on record, from August 2022 to July 2023, income fell from $101k to $51k (-50%), an average of -50% a year. The sharpest change came in the year to July 2023, when income dropped by 50%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Marathi Mandal of Philadelphia Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within PA. Charities of a similar size with the same main cause include Virginia Congress of Parents and Teachers ($51k), Life Group ($51k) and Pastoral Counseling Center of Flushing ($51k).

On its Form 990-EZ for the period ending July 2023, revenue came from program service revenue 69% of the total. At year end it held assets of $172k against liabilities of $0, net assets of $172k.