Maren Fund Inc

Analysis

Maren Fund Inc is a registered charity in United States, based in Kirkwood, MO. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 May 2023, Maren Fund Inc reported income of $181k and spending of $168k, spending 93% of its income. Across the 2 years on record, from May 2022 to May 2023, income grew from $158k to $181k (+14%), an average of +14% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Maren Fund Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within MO. Charities of a similar size with the same main cause include Transform Scott County ($181k), Ambassadors of Fathers House ($181k) and Zenerosity ($181k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 31% and program service revenue 40% of the total. At year end it held assets of $99k against liabilities of $30k, net assets of $70k.