Marian Charities Inc

Analysis

Marian Charities Inc is a registered charity in United States, based in Cpe Girardeau, MO. It received its IRS tax-exemption ruling in April 1994, 32 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 private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2020, Marian Charities Inc reported income of $295k and spending of $254k, spending 86% of its income. Across the 2 years on record, from December 2019 to December 2020, income fell from $1.1m to $295k (-72%), an average of -72% a year. The sharpest change came in the year to December 2020, when income dropped by 72%. Over the whole period it spent 37% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Marian Charities Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within MO. Charities of a similar size with the same main cause include Kentlands Community Foundation Inc ($295k), Robert U and Roberta Goldman Family Foundation ($295k) and Concerts for Hope ($295k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 1.9% of the total. At year end it held assets of $11.0m against liabilities of $0, net assets of $11.0m.