Marvins Home

Analysis

Marvins Home is a registered charity in United States, based in Lansdale, PA. It received its IRS tax-exemption ruling in August 2021, 5 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 December 2023, Marvins Home reported income of $136k and spending of $121k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $136k (+141%), an average of +141% a year. The sharpest change came in the year to December 2023, when income rose by 141%. Over the whole period it spent 88% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Marvins Home sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within PA. Charities of a similar size with the same main cause include Cross County Apartments Inc ($136k), Prairie Horizons Inc ($136k) and Gardens at Wichita Place Inc ($136k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $39k against liabilities of $9,632, net assets of $29k.