Marion Community Foundation Inc

Analysis

Marion Community Foundation Inc is a registered charity in United States, based in Marion, KS. It received its IRS tax-exemption ruling in August 2004, 22 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 December 2023, Marion Community Foundation Inc reported income of $196k and spending of $128k, leaving 35% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $296k to $196k (-34%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 47% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Marion Community Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within KS. Charities of a similar size with the same main cause include Semper Fi Society of St Louis ($196k), Emergency Community Food Pantry of Franklin County Inc ($196k) and Esther Single Mothers Outreach Inc ($196k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $686k against liabilities of $0, net assets of $686k.