Miles for Marc

Analysis

Miles for Marc is a registered charity in United States, based in West Chester, PA. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 June 2024, Miles for Marc reported income of $113k and spending of $138k, spending 122% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $63k to $113k (+80%), an average of +80% a year. The sharpest change came in the year to June 2024, when income rose by 80%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Miles for Marc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within PA. Charities of a similar size with the same main cause include Mi Lupus Foundation ($112k), Sounds of Autism Inc ($113k) and Southern California Alcoholics Anonymous Convention ($112k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 73% of the total. At year end it held assets of $113k against liabilities of $138k, net assets of -$25k.