Marsh Foundation

Analysis

Marsh Foundation is a registered charity in United States, based in Van Wert, OH. It received its IRS tax-exemption ruling in February 1934, 92 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Marsh Foundation reported income of $6.3m and spending of $6.9m, spending 108% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $6.1m to $6.3m (+4.2%), an average of +1.0% a year. The sharpest change came in the year to June 2021, when income rose by 162%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Marsh Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within OH. Charities of a similar size with the same main cause include Nebraska School Activities ($6.3m), The Bridgewater State University Foundation ($6.3m) and New Discoveries Montessori Academy ($6.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.1% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $174k (2.5% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $70.2m against liabilities of $740k, net assets of $69.5m. It reported 103 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.