Marjories Hope Inc

Analysis

Marjories Hope Inc is a registered charity in United States, based in Tarpon SPGS, FL. It received its IRS tax-exemption ruling in June 2015, 11 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 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, Marjories Hope Inc reported income of $93k and spending of $86k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $141k to $93k (-34%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 88% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Marjories Hope Inc sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 38th percentile within FL. Charities of a similar size with the same main cause include Yeshiva Shalom Rav ($93k), Saint Andrews Free Bed Fund ($93k) and Washington Community School Foundation Corporation ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 37% of the total. At year end it held assets of $78k against liabilities of $0, net assets of $78k.