Marks Growing Center Inc

Analysis

Marks Growing Center Inc is a registered charity in United States, based in Vacaville, CA. It received its IRS tax-exemption ruling in December 1984, 42 years ago. 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 September 2023, Marks Growing Center Inc reported income of $729k and spending of $646k, spending 89% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $991k to $729k (-26%), an average of -7.4% a year. The sharpest change came in the year to September 2021, when income dropped by 24%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Marks Growing Center Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Fox Hill Senior Housing Inc ($729k), Arc of Randolph County ($729k) and Kids Inc ($729k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.6% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $31k (4.7% of expenses). Other salaries and wages came to $314k. At year end it held assets of $745k against liabilities of $8,923, net assets of $736k.