Marbury Terrace Inc

Analysis

Marbury Terrace Inc is a registered charity in United States, based in Jamaica Plain, MA. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Marbury Terrace Inc reported income of $978k and spending of $1.2m, spending 118% of what it took in. The sharpest change came in the year to June 2021, when income dropped by 53%. Over the whole period it spent 127% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Marbury Terrace Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MA. Charities of a similar size with the same main cause include Hawaii Community Reinvestment Corp ($978k), Colonial View Ltd ($980k) and Upper Perkiomen Manor ($977k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 84% of the total. At year end it held assets of $26.5m against liabilities of $19.9m, net assets of $6.6m.

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.