Marietta Restoration Associates

Analysis

Marietta Restoration Associates is a registered charity in United States, based in Marietta, PA. It received its IRS tax-exemption ruling in July 1968, 58 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 December 2023, Marietta Restoration Associates reported income of $54k and spending of $68k, spending 126% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $102k to $54k (-47%), an average of -27% a year. The sharpest change came in the year to December 2022, when income dropped by 33%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Marietta Restoration Associates sits at the 21st percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within PA. Charities of a similar size with the same main cause include Neuse River Valley Model Railroad Club Inc ($54k), Friends of Sangamon County Animal Control ($54k) and Society for Preservation & Encrgmnt of Barbershop Quartet Singing Amer ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 63% of the total. At year end it held assets of $452k against liabilities of $4,664, net assets of $447k.