Marco Patriots Inc

Analysis

Marco Patriots Inc is a registered charity in United States, based in Marco Island, FL. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Marco Patriots Inc reported income of $224k and spending of $159k, leaving 29% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $140k to $224k (+60%), an average of +60% a year. The sharpest change came in the year to June 2023, when income rose by 60%. Over the whole period it spent 66% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Marco Patriots Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include Navy Safe Harbor Foundation ($224k), My Town Miracles Inc ($224k) and Families Matter Food Pantry Inc ($224k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $282k against liabilities of $0, net assets of $282k.