Marian Village Corporation

Analysis

Marian Village Corporation is a registered charity in United States, based in Livonia, MI. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Marian Village Corporation reported income of $20.9m and spending of $18.7m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $15.0m to $20.9m (+39%), an average of +8.6% a year. The sharpest change came in the year to June 2023, when income rose by 47%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Marian Village Corporation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MI. Charities of a similar size with the same main cause include Seattle Institute for Biomedical and Clinical Research ($20.9m), Texas Health Back Care ($20.9m) and Southwest Counseling Solutions Inc ($20.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $274k (1.5% of expenses). Other salaries and wages came to $8.5m. At year end it held assets of $20.7m against liabilities of $2.1m, net assets of $18.6m. It reported 289 employees.