Marion Charter School Inc

Analysis

Marion Charter School Inc is a registered charity in United States, based in Ocala, FL. It received its IRS tax-exemption ruling in November 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Marion Charter School Inc reported income of $3.3m and spending of $2.2m, leaving 34% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.7m to $3.3m (+94%), an average of +18% a year. The sharpest change came in the year to June 2024, when income rose by 73%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Marion Charter School Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include Intercollegiate Center for Classical Studies ($3.3m), National Offshore Wind Training Center Inc ($3.3m) and Boule Foundation ($3.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $105k (4.8% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.2m against liabilities of $18k, net assets of $2.2m. It reported 27 employees.