Marion Community Scholarship Foundation Inc

Analysis

Marion Community Scholarship Foundation Inc is a registered charity in United States, based in Maria Stein, OH. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Marion Community Scholarship Foundation Inc reported income of $65k and spending of $49k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $44k to $65k (+48%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Marion Community Scholarship Foundation Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 26th percentile within OH. Charities of a similar size with the same main cause include Opportunity Through Entrepreneurship Foundation ($65k), Kozefo ($65k) and Patterson Booster Club ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $218k against liabilities of $0, net assets of $218k.