Marshall County Group Homes Incorporated

Analysis

Marshall County Group Homes Incorporated is a registered charity in United States, based in Argyle, MN. It received its IRS tax-exemption ruling in October 1975, 51 years ago. 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, Marshall County Group Homes Incorporated reported income of $1.9m and spending of $2.1m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.9m (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2020, when income rose by 33%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Marshall County Group Homes Incorporated sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within MN. Charities of a similar size with the same main cause include Tom a Finch Community YMCA Inc ($1.9m), Childrens Aid Society of Mercer County ($1.9m) and Boy Scouts of America ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $1.7m against liabilities of $32k, net assets of $1.7m. It reported 49 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.