Marshalltown Education Partnership Inc

Analysis

Marshalltown Education Partnership Inc is a registered charity in United States, based in Marshalltown, IA. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Marshalltown Education Partnership Inc reported income of $223k and spending of $94k, leaving 58% of income unspent that year. Across the 3 years on record, from June 2019 to June 2024, income grew from $19k to $223k (+1094%), an average of +246% a year. The sharpest change came in the year to June 2023, when income dropped by 109%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Marshalltown Education Partnership Inc 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 56th percentile, and in the 57th percentile within IA. Charities of a similar size with the same main cause include Brotherhood Inc ($223k), Catholic Schoolhouse Inc ($223k) and Walter M Williams High School Booster Club ($223k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $22k. At year end it held assets of $589k against liabilities of $0, net assets of $589k.