Dan Marino Foundation Inc

Analysis

Dan Marino Foundation Inc is a registered charity in United States, based in Fort Lauderdale, FL. It received its IRS tax-exemption ruling in June 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Dan Marino Foundation Inc reported income of $3.9m and spending of $3.2m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.5m to $3.9m (-14%), an average of -3.7% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dan Marino Foundation 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 Chippewa River Industries Inc ($3.9m), Stoddard County Childrens Home ($3.9m) and Packard Group Incorporated ($3.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $498k (16% of expenses). Other salaries and wages came to $952k. At year end it held assets of $14.6m against liabilities of $1.5m, net assets of $13.1m. It reported 25 employees.