Marshall School

Analysis

Marshall School is a registered charity in United States, based in Duluth, MN. It received its IRS tax-exemption ruling in November 1976, 50 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Marshall School reported income of $10.7m and spending of $10.9m, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $10.6m to $10.7m (+1.4%), an average of +0.5% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Marshall School sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within MN. Charities of a similar size with the same main cause include Robert a Pascal Youth & Family Services Inc ($10.7m), Ronald McDonald House Charities of Central Ohio Inc ($10.7m) and Ember Charter School for Mindful Education Innovation & Transformat ($10.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.3% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $409k (3.7% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $18.2m against liabilities of $7.4m, net assets of $10.8m. It reported 173 employees.