Marian Homes

Analysis

Marian Homes is a registered charity in United States, based in Fairfax Sta, VA. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Marian Homes reported income of $426k and spending of $383k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $625k to $426k (-32%), an average of -9.1% a year. The sharpest change came in the year to December 2022, when income dropped by 45%. Over the whole period it spent 52% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Marian Homes sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within VA. Charities of a similar size with the same main cause include Golden Cross Senior Ministries Inc ($426k), The Marshall County Home Place Inc the Home Place ($426k) and Hegemon Crest Senior Housing Inc ($426k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 59% of the total. At year end it held assets of $5.3m against liabilities of $1.7m, net assets of $3.5m.