Marcus Allen Foundation

Analysis

Marcus Allen Foundation is a registered charity in United States, based in LA Jolla, CA. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Marcus Allen Foundation reported income of $436k and spending of $313k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $619k to $436k (-30%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 53% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Marcus Allen Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Social Venture Partners Chicago ($435k), Woods Services Foundation ($436k) and International Health and Development Network ($435k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 114% of the total. Compensation of current officers, directors and key employees was $94k (30% of expenses). At year end it held assets of $493k against liabilities of $0, net assets of $493k.