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Marc Resources Inc

RegisteredEIN 58-2099359Macon, GAHousing and shelter
Income$175k2024-06
Spending$107ksame year
Spent / received62%3-year average
Size in its cause35th pctHousing and shelter
Exempt since1993Publicly supported organisat
Employees–latest return

Analysis

Marc Resources Inc is a registered charity in United States, based in Macon, GA. It received its IRS tax-exemption ruling in January 1993, 33 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 Inc reported income of $175k and spending of $107k, leaving 39% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income fell from $179k to $175k (-1.9%), an average of -1.0% a year. Over the whole period it spent 62% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Marc Resources Inc sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 54th percentile within GA. Charities of a similar size with the same main cause include Accessible Country Trail Inc II ($175k), SCCMHC Housing Inc ($175k) and Nonprofit Housing Corporation ($175k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 54% of the total. At year end it held assets of $440k against liabilities of $149k, net assets of $292k.

Income and spending

$0$45k$89k$134k$179k2022 Income: $178,7122022 Spending: $116,12720222023 Income: $167,4302023 Spending: $101,09920232024 Income: $175,2912024 Spending: $106,7912024
IncomeSpending

Where the income comes from

  • Contributions & grants 54%
  • Other 46%

Similar-sized charities, same cause

CharityLocationIncome
Accessible Country Trail Inc IIToledo$175k
SCCMHC Housing IncBloomington$175k
Nonprofit Housing CorporationNashville$175k
Original Town of Liberal Revitalization IncLiberal$175k