Marion Cares Inc

Analysis

Marion Cares Inc is a registered charity in United States, based in Marion, IA. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Marion Cares Inc reported income of $71k and spending of $148k, spending 209% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $136k to $71k (-48%), an average of -48% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 133% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Marion Cares Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 25th percentile within IA. Charities of a similar size with the same main cause include Sacred Heart Gridley ($70k), Wealthygen ($71k) and Answering the Call Together Inc ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $39k against liabilities of $1,480, net assets of $37k.