Mrca Foundation Inc

Analysis

Mrca Foundation Inc is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in January 1989, 37 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mrca Foundation Inc reported income of $145k and spending of $120k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $81k to $145k (+79%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 103%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mrca Foundation Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 47th percentile within OH. Charities of a similar size with the same main cause include U S P S Educational Fund ($145k), Association for Reformed Ministries Abroad ($145k) and Little League Baseball Inc ($145k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% of the total. At year end it held assets of $736k against liabilities of $0, net assets of $736k.