Ambleside of Marion NFP

Analysis

Ambleside of Marion NFP is a registered charity in United States, based in Marion, IL. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ambleside of Marion NFP reported income of $592k and spending of $432k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $209k to $592k (+183%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 75%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ambleside of Marion NFP sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within IL. Charities of a similar size with the same main cause include Southern California State University ($592k), Achievement Rewards for College ($592k) and Anita Oaks School Inc ($592k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 63% of the total. Other salaries and wages came to $318k. At year end it held assets of $230k against liabilities of $4,161, net assets of $226k. It reported 21 employees.