The Mardan Foundation of Educational Therapy Inc

Analysis

The Mardan Foundation of Educational Therapy Inc is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in August 1969, 57 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, The Mardan Foundation of Educational Therapy Inc reported income of $3.0m and spending of $3.0m, spending 98% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.8m to $3.0m (+6.9%), an average of +1.7% a year. The sharpest change came in the year to August 2022, when income rose by 15%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Mardan Foundation of Educational Therapy Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Council on Compulsive Gambling of New Jersey Inc ($3.0m), Marc Childrens Services ($3.0m) and Your Own United Resources Inc ($3.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 6.8% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $148k (5.0% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $7.2m against liabilities of $253k, net assets of $7.0m. It reported 44 employees.