Marquette Area Public Schools Educational Foundation

Analysis

Marquette Area Public Schools Educational Foundation is a registered charity in United States, based in Marquette, MI. It received its IRS tax-exemption ruling in June 1991, 35 years ago. 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, Marquette Area Public Schools Educational Foundation reported income of $155k and spending of $171k, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $289k to $155k (-46%), an average of -14% a year. The sharpest change came in the year to June 2023, when income dropped by 42%. Over the whole period it spent 56% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Marquette Area Public Schools Educational Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within MI. Charities of a similar size with the same main cause include United States Masters Swimming Inc ($155k), Just Our Soldiers Helpers Inc ($155k) and Associated Students of the California Maritime Academy ($155k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 102% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.