Marion Moss Enterprises Inc

Analysis

Marion Moss Enterprises Inc is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in May 1978, 48 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 September 2023, Marion Moss Enterprises Inc reported income of $2.5m and spending of $2.4m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.2m to $2.5m (+13%), an average of +3.0% a year. The sharpest change came in the year to September 2023, when income rose by 17%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Marion Moss Enterprises Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Centro de Trabajadores Unidos En LA Lucha ($2.5m), Chicagos Sunshine Enterprises Inc ($2.5m) and Aspen Education Foundation ($2.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.1% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $120k (5.0% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.8m against liabilities of $948k, net assets of $1.8m. It reported 149 employees.