Margwine Organization Inc

Analysis

Margwine Organization Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 December 2023, Margwine Organization Inc reported income of $69k and spending of $31k, leaving 56% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $11k to $69k (+553%), an average of +553% a year. The sharpest change came in the year to December 2023, when income rose by 553%. Over the whole period it spent 52% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Margwine Organization Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 31st percentile within FL. Charities of a similar size with the same main cause include Mountain Wisdom Inc ($69k), Memorial Spring Branch Girls Lacrosse Club Inc ($69k) and Cross Training Ministries ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.