Focus Marines Foundation

Analysis

Focus Marines Foundation is a registered charity in United States, based in Ballwin, MO. It received its IRS tax-exemption ruling in October 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Focus Marines Foundation reported income of $1.3m and spending of $874k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $870k to $1.3m (+50%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 81%. Over the whole period it spent 55% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Focus Marines Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within MO. Charities of a similar size with the same main cause include Glacial Ridge Hospital Foundation Inc ($1.3m), Firefighter Cancer Support Networkinc ($1.3m) and Meals on Wheels Chicago ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $124k (14% of expenses). Other salaries and wages came to $72k. At year end it held assets of $4.5m against liabilities of $15k, net assets of $4.5m. It reported 4 employees.