Marion Senior Services Inc

Analysis

Marion Senior Services Inc is a registered charity in United States, based in Ocala, FL. It received its IRS tax-exemption ruling in January 1976, 50 years ago. 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 December 2022, Marion Senior Services Inc reported income of $8.3m and spending of $8.6m, spending 103% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $6.9m to $8.3m (+19%), an average of +6.1% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Marion Senior Services Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include American Immigration Council ($8.3m), El Centro de Amistad Inc ($8.3m) and Habitat for Humanity International Inc ($8.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 94% and program service revenue 5.8% of the total. Compensation of current officers, directors and key employees was $196k (2.3% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $7.1m against liabilities of $638k, net assets of $6.4m. It reported 139 employees.