The Dr Joseph C Maroon Foundation

Analysis

The Dr Joseph C Maroon Foundation is a registered charity in United States, based in Glenshaw, PA. It received its IRS tax-exemption ruling in March 1991, 35 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, The Dr Joseph C Maroon Foundation reported income of $551k and spending of $130k, leaving 77% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $103k to $551k (+438%), an average of +52% a year. The sharpest change came in the year to December 2023, when income rose by 163%. Over the whole period it spent 49% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Dr Joseph C Maroon Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within PA. Charities of a similar size with the same main cause include Family Advocacy Center of Northern Minnesota ($551k), Hope Recovery Care Center ($551k) and Union Mission Behavioral Health Center Inc ($551k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.