Marillac Corp

Analysis

Marillac Corp is a registered charity in United States, based in Oceanport, NJ. It received its IRS tax-exemption ruling in July 1996, 30 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Marillac Corp reported income of $1.5m and spending of $1.2m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.5m (+7.8%), an average of +1.9% a year. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Marillac Corp sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within NJ. Charities of a similar size with the same main cause include Launch Pad ($1.5m), Little Smiles Inc ($1.5m) and Covenant Health Foundation ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $8.0m against liabilities of $566k, net assets of $7.5m.