Marian Center in Joy Valley Inc

Analysis

Marian Center in Joy Valley Inc is a registered charity in United States, based in Petoskey, MI. It received its IRS tax-exemption ruling in August 1995, 31 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 July 2023, Marian Center in Joy Valley Inc reported income of $249k and spending of $143k, leaving 43% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $110k to $249k (+126%), an average of +23% a year. The sharpest change came in the year to July 2023, when income rose by 109%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Marian Center in Joy Valley Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within MI. Charities of a similar size with the same main cause include Emmaus Way ($249k), Priority Insight Inc ($249k) and Xuan Wu San Buddhist Association ($249k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $543k against liabilities of $168k, net assets of $376k.