Mariemont Preservation Foundation

Analysis

Mariemont Preservation Foundation is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in December 1981, 45 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 2023, Mariemont Preservation Foundation reported income of $526k and spending of $260k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $146k to $526k (+260%), an average of +38% a year. The sharpest change came in the year to December 2022, when income rose by 381%. Over the whole period it spent 43% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mariemont Preservation Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include Clymer Library Assoc of Pocono Pine ($526k), Health Occupations Students of America ($526k) and Youth & Family Counseling Service Inc ($526k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 2.0% of the total. Other salaries and wages came to $14k. At year end it held assets of $2.6m against liabilities of $559, net assets of $2.6m. It reported 3 employees.