Marion West Inc

Analysis

Marion West Inc is a registered charity in United States, based in Shelby, NC. It received its IRS tax-exemption ruling in November 1999, 27 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 June 2023, Marion West Inc reported income of $205k and spending of $273k, spending 133% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $192k to $205k (+7.1%), an average of +1.7% a year. Over the whole period it spent 136% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Marion West Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NC. Charities of a similar size with the same main cause include Preserve Jade East Apartments Inc ($205k), Building Shalom Incorporated ($205k) and Goshen Housing Trust Inc ($205k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 42% and program service revenue 53% of the total. At year end it held assets of $1.4m against liabilities of $32k, net assets of $1.3m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.