George C Marshall Research Foundation

Analysis

George C Marshall Research Foundation is a registered charity in United States, based in Lexington, VA. It received its IRS tax-exemption ruling in March 1958, 68 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 December 2023, George C Marshall Research Foundation reported income of $1.5m and spending of $1.3m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $1.5m (-18%), an average of -4.7% a year. The sharpest change came in the year to December 2021, when income rose by 99%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, George C Marshall Research Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within VA. Charities of a similar size with the same main cause include North Brunswick First Aid & Rescue Squad Inc ($1.5m), Lhaq Temish Foundation ($1.5m) and Prison Yoga Project Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $325k (25% of expenses). Other salaries and wages came to $297k. At year end it held assets of $10.4m against liabilities of $47k, net assets of $10.4m. It reported 7 employees.