Marimor Legacy Foundation

Analysis

Marimor Legacy Foundation is a registered charity in United States, based in Lima, OH. It received its IRS tax-exemption ruling in June 2018, 8 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, Marimor Legacy Foundation reported income of $77k and spending of $236k, spending 305% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $148k to $77k (-48%), an average of -15% a year. The sharpest change came in the year to December 2020, when income rose by 406%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Marimor Legacy Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within OH. Charities of a similar size with the same main cause include Zichron Eliezer Shalom Inc ($77k), Wichita County Medical Alliance ($77k) and Least of These Ministries Inc ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 0.2% of the total. At year end it held assets of $187k against liabilities of $0, net assets of $187k.