Marklund Charities

Analysis

Marklund Charities is a registered charity in United States, based in Geneva, IL. It received its IRS tax-exemption ruling in February 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Marklund Charities reported income of $7.0m and spending of $1.3m, leaving 82% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.8m to $7.0m (+48%), an average of +10% a year. The sharpest change came in the year to June 2020, when income rose by 45%. Over the whole period it spent 17% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Marklund Charities sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within IL. Charities of a similar size with the same main cause include The Arc of Loudoun ($7.0m), Petaluma People Service Center ($7.0m) and National Center for Addiction Studies and Treatment Foundation ($7.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $25.9m against liabilities of $201k, net assets of $25.7m.