Greg Marzolf Jr Foundation

Analysis

Greg Marzolf Jr Foundation is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 September 2023, Greg Marzolf Jr Foundation reported income of $85k and spending of $91k, spending 106% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $171k to $85k (-50%), an average of -50% a year. The sharpest change came in the year to September 2023, when income dropped by 50%. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Greg Marzolf Jr Foundation sits at the 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within MN. Charities of a similar size with the same main cause include Encompass Health Auxiliary Corporation ($85k), Montcalm Prevention Collaborative Inc ($85k) and Pueblo Primary Care Qalicb ($85k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $284k against liabilities of $0, net assets of $284k.