Marion Area Community Foundation

Analysis

Marion Area Community Foundation is a registered charity in United States, based in Marion, WI. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Marion Area Community Foundation reported income of $70k and spending of $100k, spending 143% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $68k to $70k (+2.3%), an average of +0.6% a year. The sharpest change came in the year to December 2020, when income rose by 63%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Marion Area Community Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within WI. Charities of a similar size with the same main cause include Arlington Academic Alliance Inc ($70k), Palmyra Community Foundation ($70k) and Bhai Kanhaiya Charitable Trust Inc ($70k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $188k against liabilities of $0, net assets of $188k.