Mars Review of Books Foundation

Analysis

Mars Review of Books Foundation is a registered charity in United States, based in Jackson, WY. It received its IRS tax-exemption ruling in February 2023, 3 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Mars Review of Books Foundation reported income of $97k and spending of $40k, leaving 58% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $94k to $97k (+2.5%), an average of +2.5% a year. Over the whole period it spent 51% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mars Review of Books Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 32nd percentile within WY. Charities of a similar size with the same main cause include Young Peoples Chambers Orchestra ($97k), Central Connecticut Celtic Cultural Committe Inc ($97k) and Whallonsburg Grange Hall Inc ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 2.9% of the total. At year end it held assets of $74k against liabilities of $0, net assets of $74k.