Marc Workshop Inc

Analysis

Marc Workshop Inc is a registered charity in United States, based in Martinsville, VA. It received its IRS tax-exemption ruling in October 1969, 57 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 June 2023, Marc Workshop Inc reported income of $233k and spending of $236k, spending 101% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $195k to $233k (+20%), an average of +6.2% a year. The sharpest change came in the year to June 2022, when income rose by 18%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Marc Workshop Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within VA. Charities of a similar size with the same main cause include Wiregrass Emergency Pregnancy Service ($233k), Laborers Local 785 Training and Apprenticeship Fund ($233k) and Franklin Creek Conservation Association ($233k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $47k (20% of expenses). Other salaries and wages came to $67k. At year end it held assets of $486k against liabilities of $1,534, net assets of $484k. It reported 5 employees.