Marshall-Saline Development Corp

Analysis

Marshall-Saline Development Corp is a registered charity in United States, based in Marshall, MO. It received its IRS tax-exemption ruling in May 1994, 32 years ago. 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, Marshall-Saline Development Corp reported income of $359k and spending of $323k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $321k to $359k (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Marshall-Saline Development Corp sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within MO. Charities of a similar size with the same main cause include Howe Library ($359k), Cacfp Roundtable ($359k) and American College Dance Association Inc ($359k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 67% of the total. Other salaries and wages came to $19k. At year end it held assets of $1.5m against liabilities of $27k, net assets of $1.4m. It reported 1 employees.