Marbleseed Inc

Analysis

Marbleseed Inc is a registered charity in United States, based in Spring Valley, WI. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 August 2023, Marbleseed Inc reported income of $2.2m and spending of $2.3m, spending 106% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.3m to $2.2m (+75%), an average of +15% a year. The sharpest change came in the year to August 2022, when income rose by 57%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Marbleseed Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within WI. Charities of a similar size with the same main cause include Healthy Community Alliance Inc ($2.2m), Healing Bridges ($2.2m) and Hatch Area Medical Center Foundation ($2.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Other salaries and wages came to $638k. At year end it held assets of $847k against liabilities of $465k, net assets of $382k. It reported 16 employees.