The Marbridge Foundation Assistance Trust

Analysis

The Marbridge Foundation Assistance Trust is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in May 1988, 38 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Marbridge Foundation Assistance Trust reported income of $266k and spending of $122k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $35k to $266k (+652%), an average of +66% a year. The sharpest change came in the year to December 2020, when income rose by 429%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Marbridge Foundation Assistance Trust sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include The US Amateur Weightlifting Foundation ($266k), Woodstock Food Pantry ($266k) and Evergreen Pre-School Inc ($266k).

Compensation of current officers, directors and key employees was $10k (8.2% of expenses). At year end it held assets of $3.0m against liabilities of $0, net assets of $3.0m.