Marsoni Foundation Inc

Analysis

Marsoni Foundation Inc is a registered charity in United States, based in Miami Lakes, FL. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Marsoni Foundation Inc reported income of $95k and spending of $102k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $125k to $95k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Marsoni Foundation Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 39th percentile within FL. Charities of a similar size with the same main cause include Askca125 ($95k), Health & Wellness Clinic of Fulton County ($95k) and Teaching Educating Advancing Christian Health Inc ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $51k against liabilities of $84, net assets of $51k.