Marici

Analysis

Marici is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Marici reported income of $4.4m and spending of $4.0m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $675k to $4.4m (+558%), an average of +60% a year. The sharpest change came in the year to December 2020, when income rose by 106%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Marici sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include YMCA of Greater Scranton ($4.4m), Heart Havens Inc ($4.4m) and Franklin County Children & Family Community Resource Board Associati ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $185k. At year end it held assets of $2.4m against liabilities of $22k, net assets of $2.4m. It reported 2 employees.