Downtown Marceline

Analysis

Downtown Marceline is a registered charity in United States, based in Marceline, MO. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Downtown Marceline reported income of $111k and spending of $85k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $251k to $111k (-56%), an average of -18% a year. The sharpest change came in the year to December 2023, when income rose by 125%. Over the whole period it spent 76% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Downtown Marceline sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 37th percentile within MO. Charities of a similar size with the same main cause include Junior League of Grand Rapids Michigan Inc ($111k), Junior League of Syracuse Inc ($111k) and Fundacion Bucarabon Inc ($111k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $17k (20% of expenses). At year end it held assets of $354k against liabilities of $0, net assets of $354k. It reported 1 employees.