Marian Housing Center Inc

Analysis

Marian Housing Center Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in May 2019, 7 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 December 2023, Marian Housing Center Inc reported income of $469k and spending of $418k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $416k to $469k (+13%), an average of +3.0% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Marian Housing Center Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within CO. Charities of a similar size with the same main cause include Moberly Area Community College Foundation Incorporated ($469k), Agape Unlimited Inc ($469k) and Polish Institute of Arts & Sciences in America Inc ($469k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 33% of the total. At year end it held assets of $699k against liabilities of $1.1m, net assets of -$367k.