Marc Resources IV Inc

Analysis

Marc Resources IV Inc is a registered charity in United States, based in Macon, GA. It received its IRS tax-exemption ruling in February 1990, 36 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 2024, Marc Resources IV Inc reported income of $83k and spending of $87k, spending 105% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $88k to $83k (-5.1%), an average of -2.6% a year. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Marc Resources IV Inc sits at the 19th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within GA. Charities of a similar size with the same main cause include Toledo Housing Corporation ($83k), North Haven Opportunity for Affordable Housing Inc ($83k) and Good Sheperd Village Housing Corporation ($83k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 42% of the total. At year end it held assets of $253k against liabilities of $297k, net assets of -$45k.

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.