Marion County Family Resource Network Inc

Analysis

Marion County Family Resource Network Inc is a registered charity in United States, based in Fairmont, WV. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Marion County Family Resource Network Inc reported income of $199k and spending of $209k, spending 105% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $171k to $199k (+17%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 17%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Marion County Family Resource Network Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within WV. Charities of a similar size with the same main cause include Dodd Education and Support Inc ($199k), Bainbridge Island Downtown Association ($199k) and Toledo Design Collective ($199k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $53k against liabilities of $6,496, net assets of $46k.