Marquardt Memorial Manor Inc

Analysis

Marquardt Memorial Manor Inc is a registered charity in United States, based in Watertown, WI. It received its IRS tax-exemption ruling in September 1977, 49 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Marquardt Memorial Manor Inc reported income of $9.9m and spending of $11.0m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $11.6m to $9.9m (-15%), an average of -3.9% a year. The sharpest change came in the year to June 2021, when income rose by 34%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Marquardt Memorial Manor Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within WI. Charities of a similar size with the same main cause include International Health Share ($9.9m), Mercy Multiplied America Inc ($9.9m) and Hospice of South Texas Inc ($9.9m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $510k (4.7% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $22.2m against liabilities of $1.2m, net assets of $21.1m. It reported 799 employees.