Marion Downs Center

Analysis

Marion Downs Center is a registered charity in United States, based in Greenwood Village, CO. It received its IRS tax-exemption ruling in April 1956, 70 years ago. 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 March 2024, Marion Downs Center reported income of $1.6m and spending of $1.1m, leaving 30% of income unspent that year. Across the 6 years on record, from March 2019 to March 2024, income grew from $926k to $1.6m (+77%), an average of +12% a year. The sharpest change came in the year to March 2022, when income rose by 48%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Marion Downs Center sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CO. Charities of a similar size with the same main cause include Digital Public Library of America ($1.6m), Sexual Assault and Family Emergencies Center ($1.6m) and San Diego Brain Injury Foundation ($1.6m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 8.5% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $177k (15% of expenses). Other salaries and wages came to $541k. At year end it held assets of $3.2m against liabilities of $294k, net assets of $2.9m. It reported 23 employees.