Marin Aging and Disability Institute LLC

Analysis

Marin Aging and Disability Institute LLC is a registered charity in United States, based in San Rafael, CA. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2024, Marin Aging and Disability Institute LLC reported income of $683k and spending of $614k, spending 90% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $2.6m to $683k (-73%), an average of -23% a year. The sharpest change came in the year to June 2023, when income rose by 157%. Over the whole period it spent 48% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Marin Aging and Disability Institute LLC sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Hendry County Non-Profit Housing Inc ($683k), Greencastle of Bienterra Inc ($683k) and Jefferson Street Senior Housing Corporation ($683k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 48% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $72k (12% of expenses). Other salaries and wages came to $64k. At year end it held assets of $2.8m against liabilities of $569k, net assets of $2.3m. It reported 2 employees.