Marks Colorectal Surgical Foundation

Analysis

Marks Colorectal Surgical Foundation is a registered charity in United States, based in Wynnewood, PA. It received its IRS tax-exemption ruling in August 1997, 29 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 hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Marks Colorectal Surgical Foundation reported income of $85k and spending of $245k, spending 287% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $152k to $85k (-44%), an average of -25% a year. The sharpest change came in the year to December 2022, when income rose by 100%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Marks Colorectal Surgical Foundation sits at the 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within PA. Charities of a similar size with the same main cause include Rochester General Health System ($85k), Anthony L Jordan Foundain Inc ($85k) and Midway Venture Foundation ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $434k against liabilities of $48k, net assets of $386k.