Marie Elise Fund

Analysis

Marie Elise Fund is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in December 2022, 4 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 supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Marie Elise Fund reported income of $186k and spending of $194k, spending 104% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $317k to $186k (-41%), an average of -41% a year. The sharpest change came in the year to June 2023, when income dropped by 41%. Over the whole period it spent 79% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Marie Elise Fund sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within PA. Charities of a similar size with the same main cause include New Hampshire Troopers Foundation Inc ($186k), Sertoma Inc ($186k) and Wounded Heroes of America ($186k).

At year end it held assets of $4.7m against liabilities of $0, net assets of $4.7m.