St Marcus Foundation Inc

Analysis

St Marcus Foundation Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2023, St Marcus Foundation Inc reported income of $8.1m and spending of $216k, leaving 97% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $243k to $8.1m (+3222%), an average of +140% a year. The sharpest change came in the year to June 2023, when income rose by 1649%. Over the whole period it spent 105% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, St Marcus Foundation Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within WI. Charities of a similar size with the same main cause include Sail-School for Arts-Infused Learning ($8.0m), Federation of Italian American Org of Brooklyn Ltd ($8.1m) and Global Training Network Inc ($8.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $12.2m against liabilities of $1.3m, net assets of $10.9m.