Melissa Marottoli Hogan Foundation Inc

Analysis

Melissa Marottoli Hogan Foundation Inc is a registered charity in United States, based in Branford, CT. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 December 2023, Melissa Marottoli Hogan Foundation Inc reported income of $107k and spending of $100k, spending 93% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $174k to $107k (-38%), an average of -21% a year. The sharpest change came in the year to December 2022, when income dropped by 59%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Melissa Marottoli Hogan Foundation Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within CT. Charities of a similar size with the same main cause include If Not for Grace Ministries ($107k), Hacienda Renacer Inc ($107k) and Mental Health Task Force of Polk County ($107k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% of the total. At year end it held assets of $125k against liabilities of $2,300, net assets of $123k.