Advocacy Resource Center Marion Inc

Analysis

Advocacy Resource Center Marion Inc is a registered charity in United States, based in Ocala, FL. It received its IRS tax-exemption ruling in December 1963, 63 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Advocacy Resource Center Marion Inc reported income of $3.9m and spending of $3.4m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.1m to $3.9m (+25%), an average of +5.8% a year. The sharpest change came in the year to June 2023, when income rose by 81%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Advocacy Resource Center Marion Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include Tewa Women United ($3.9m), Child Foundation ($3.9m) and Focus Hispanic Center for Community Development Inc ($3.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $92k (2.7% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $3.9m against liabilities of $771k, net assets of $3.1m. It reported 85 employees.