Marielders Inc

Analysis

Marielders Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in October 1986, 40 years ago. 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, Marielders Inc reported income of $158k and spending of $232k, spending 147% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $197k to $158k (-20%), an average of -5.4% a year. The sharpest change came in the year to December 2022, when income dropped by 36%. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Marielders Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 49th percentile within OH. Charities of a similar size with the same main cause include Alpha Gamma Rho Educational Foundation of Iota Chapter Inc ($158k), Mt Carmel Public Library Inc ($158k) and Save the Kid Fund Inc ($158k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $21k (9.2% of expenses). Other salaries and wages came to $87k. At year end it held assets of $679k against liabilities of $789, net assets of $678k. It reported 4 employees.