Marietta Welfare League

Analysis

Marietta Welfare League is a registered charity in United States, based in Marietta, OH. It received its IRS tax-exemption ruling in January 1953, 73 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 February 2023, Marietta Welfare League reported income of $236k and spending of $210k, spending 89% of its income. Across the 4 years on record, from February 2020 to February 2023, income fell from $242k to $236k (-2.5%), an average of -0.8% a year. The sharpest change came in the year to February 2022, when income rose by 50%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Marietta Welfare League sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within OH. Charities of a similar size with the same main cause include Southeast Arkansas Regional Planning Commission ($236k), Positive Impact USA ($236k) and Platteville Business Incubator Inc ($236k).

On its Form 990 for the period ending February 2023, revenue came from contributions and grants 1.1% of the total. Other salaries and wages came to $102k. At year end it held assets of $214k against liabilities of $16k, net assets of $198k. It reported 21 employees.