Marshall Community Foundation

Analysis

Marshall Community Foundation is a registered charity in United States, based in Marshall, MI. It received its IRS tax-exemption ruling in June 1970, 56 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 September 2023, Marshall Community Foundation reported income of $2.0m and spending of $1.2m, leaving 41% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.0m to $2.0m (+1.3%), an average of +0.3% a year. The sharpest change came in the year to September 2021, when income rose by 530%. Over the whole period it spent 40% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Marshall Community Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within MI. Charities of a similar size with the same main cause include Burridge D Butler Memorial TR of Chicago ($2.0m), Arkansas School Administrators Educational Foundation Inc ($2.0m) and Craft Emergency Relief Fund Inc ($2.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 50% of the total. Other salaries and wages came to $158k. At year end it held assets of $20.0m against liabilities of $95k, net assets of $19.9m. It reported 4 employees.