Friends of Marquez

Analysis

Friends of Marquez is a registered charity in United States, based in Pacific PLSDS, CA. It received its IRS tax-exemption ruling in August 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Friends of Marquez reported income of $867k and spending of $541k, leaving 38% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $568k to $867k (+53%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 87%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Marquez sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Thompson R2-J Education Foundation ($867k), Teach O Rea Preparatory Preschool ($867k) and Musicians United to Serve the Youth of Charlottesville ($866k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% of the total. At year end it held assets of $718k against liabilities of $0, net assets of $718k.