The Marc Foundation

Analysis

The Marc Foundation is a registered charity in United States, based in Mesa, AZ. It received its IRS tax-exemption ruling in June 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2022, The Marc Foundation reported income of $377k and spending of $45k, leaving 88% of income unspent that year. Across the 4 years on record, from September 2019 to September 2022, income grew from $239k to $377k (+57%), an average of +16% a year. The sharpest change came in the year to September 2022, when income rose by 94%. Over the whole period it spent 56% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Marc Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within AZ. Charities of a similar size with the same main cause include Twice Blessed Inc ($377k), Hearts and Hands Counseling ($377k) and Society of St Vincent de Paul Mahoning District Council Inc ($377k).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 116% of the total. At year end it held assets of $999k against liabilities of $630k, net assets of $369k.