Marineland Community Association Inc

Analysis

Marineland Community Association Inc is a registered charity in United States, based in Hermosa Beach, CA. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Marineland Community Association Inc reported income of $678k and spending of $524k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $752k to $678k (-9.9%), an average of -2.6% a year. Over the whole period it spent 71% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Marineland Community Association Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Parthenia Street Senior Citizen Housing Corporation ($678k), Minnesota Engagemnt on Shelter and Housing ($678k) and Pioneer Place Senior Housing Inc ($678k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 84% of the total. Other salaries and wages came to $44k. At year end it held assets of $12.9m against liabilities of $3.4m, net assets of $9.5m.