March Of Dimes Inc
March Of Dimes Inc. faces significant financial challenges with declining revenue and consistent operating deficits over the past decade.
EIN: 131846366 · Arlington, VA · NTEE: G200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $103.2M |
| Total Expenses | $94.9M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $88 |
| Net Assets | $-7,317,257 |
| Transparency Score | 55/100 |
Is March Of Dimes Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
March Of Dimes Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About March Of Dimes Inc
March Of Dimes Inc (EIN: 131846366) is a nonprofit organization based in Arlington, VA, classified under NTEE code G200. The organization reported total revenue of $103.2M and total assets of $64.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of March Of Dimes Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
March Of Dimes Inc is a major nonprofit that has been operating for 76 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $88.5M |
| Total Expenses | $94.9M |
| Surplus / Deficit | $-6,373,847 |
| Total Assets | $67.9M |
| Total Liabilities | $75.2M |
| Net Assets | $-7,317,257 |
| Operating Margin | -7.2% |
| Debt-to-Asset Ratio | 110.8% |
| Months of Reserves | 8.6 months |
Financial Health Grade: C
In 2023, March Of Dimes Inc reported a deficit of $6.4M with expenses exceeding revenue, holds 8.6 months of operating reserves (strong position), has a debt-to-asset ratio of 110.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), March Of Dimes Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.7% | -16.5% | -6.3% |
| 2022 | +1.6% | +10.5% | -18.0% |
| 2021 | +2.4% | +3.0% | +17.9% |
| 2020 | -22.2% | -20.6% | +3.3% |
| 2019 | -8.3% | -5.8% | +1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1950 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates March Of Dimes Inc with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, March Of Dimes Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6.4M, with expenses exceeding revenue.
- Debt-to-asset ratio: 110.8%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation across all periods, which is highly unusual for an organization with annual revenues exceeding $88 million. This suggests that executive compensation may be reported under different categories or that the organization has a unique compensation structure that warrants further scrutiny to understand how its leadership is compensated.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of March Of Dimes Inc's IRS 990 filings:
- Significant and consistent decline in revenue over the past decade (from $195.8M in 2014 to $88.5M in 2023).
- Recurring operating deficits where expenses exceed revenue in multiple recent years (e.g., 2023, 2022).
- Liabilities frequently exceeding assets in recent periods, indicating potential solvency concerns (e.g., 2023: $75.1M liabilities vs. $67.8M assets).
- Unusual reporting of 0% officer compensation across all filings for an organization of this size.
- Declining asset base over the past decade (from $139.9M in 2014 to $67.8M in 2023).
Strengths
The following positive indicators were identified for March Of Dimes Inc:
- Long-standing presence and mission in maternal and child health.
- Substantial revenue base, despite recent declines, indicating significant donor support historically.
- Consistent reporting of financial data through IRS 990 filings, demonstrating a level of transparency.
Frequently Asked Questions about March Of Dimes Inc
Is March Of Dimes Inc a legitimate charity?
March Of Dimes Inc (EIN: 131846366) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 55/100. It has 13 years of IRS 990 filings on record. Total revenue: $103.2M. 5 red flags identified. 3 strengths noted. Financial health grade: C.
How does March Of Dimes Inc spend its money?
March Of Dimes Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to March Of Dimes Inc tax-deductible?
March Of Dimes Inc is registered as a tax-exempt nonprofit (EIN: 131846366). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the March Of Dimes Inc CEO make?
March Of Dimes Inc's highest-compensated officer earns $88 annually. The organization reported $103.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of March Of Dimes Inc's spending goes to programs?
March Of Dimes Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does March Of Dimes Inc compare to similar nonprofits?
With a transparency score of 55/100 (Fair), March Of Dimes Inc is near average for NTEE category G200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is March Of Dimes Inc located?
March Of Dimes Inc is headquartered in Arlington, Virginia and files with the IRS under EIN 131846366. It is classified under NTEE code G200.
How many years of IRS 990 filings does March Of Dimes Inc have?
March Of Dimes Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $103.2M in total revenue.
Why has March Of Dimes Inc.'s revenue declined by over 50% in the last decade?
The filings show a consistent downward trend in revenue, from $195.8 million in 2014 to $88.5 million in 2023, indicating potential challenges in fundraising or donor engagement.
How does March Of Dimes Inc. manage its executive compensation, given the reported 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings is atypical for an organization of this scale and suggests that executive compensation might be categorized differently or handled through alternative arrangements not reflected in the 'Officer Comp' field.
What is the organization's strategy to address its recurring operating deficits?
March Of Dimes Inc. has frequently reported expenses exceeding revenue, such as in 2023 ($94.8M expenses vs. $88.5M revenue) and 2022 ($113.5M expenses vs. $104.9M revenue), indicating a need for a clear strategy to achieve financial sustainability.
What is the detailed breakdown of program, administrative, and fundraising expenses?
While a general spending breakdown is estimated, the IRS 990 summary data does not provide the granular detail needed to precisely determine the percentages allocated to programs, administration, and fundraising, which is crucial for assessing efficiency.
Filing History
IRS 990 filing history for March Of Dimes Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), March Of Dimes Inc's revenue has declined by 57.4%, moving from $207.9M to $88.5M. Total assets decreased by 56.6% over the same period, from $156.2M to $67.9M. Total functional expenses fell by 54.2%, from $207.3M to $94.9M. In its most recent filing year (2023), March Of Dimes Inc reported a deficit of $6.4M, with expenses exceeding revenue. The organization holds $75.2M in liabilities against $67.9M in assets (debt-to-asset ratio: 110.8%), resulting in net assets of $-7,317,257.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $88.5M | $94.9M | $67.9M | $75.2M | — | — |
| 2022 | $105.0M | $113.6M | $72.4M | $80.9M | — | View 990 |
| 2021 | $103.3M | $102.8M | $88.3M | $86.7M | — | View 990 |
| 2020 | $100.9M | $99.8M | $75.0M | $94.5M | — | — |
| 2019 | $129.6M | $125.7M | $72.6M | $80.4M | — | View 990 |
| 2018 | $141.3M | $133.5M | $71.8M | $84.2M | — | View 990 |
| 2017 | $164.2M | $152.5M | $78.0M | $88.9M | — | — |
| 2016 | $169.3M | $178.0M | $94.2M | $107.1M | — | View 990 |
| 2015 | $186.7M | $213.6M | $112.9M | $99.4M | — | View 990 |
| 2014 | $195.9M | $203.8M | $140.0M | $115.4M | — | View 990 |
| 2013 | $202.8M | $212.5M | $154.0M | $78.9M | — | View 990 |
| 2012 | $205.5M | $217.8M | $155.5M | $148.7M | — | View 990 |
| 2011 | $207.9M | $207.3M | $156.2M | $144.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $88.5M, expenses of $94.9M, and assets of $67.9M (revenue -15.7% year-over-year).
- 2022: Revenue of $105.0M, expenses of $113.6M, and assets of $72.4M (revenue +1.6% year-over-year).
- 2021: Revenue of $103.3M, expenses of $102.8M, and assets of $88.3M (revenue +2.4% year-over-year).
- 2020: Revenue of $100.9M, expenses of $99.8M, and assets of $75.0M (revenue -22.2% year-over-year).
- 2019: Revenue of $129.6M, expenses of $125.7M, and assets of $72.6M (revenue -8.3% year-over-year).
- 2018: Revenue of $141.3M, expenses of $133.5M, and assets of $71.8M (revenue -13.9% year-over-year).
- 2017: Revenue of $164.2M, expenses of $152.5M, and assets of $78.0M (revenue -3.0% year-over-year).
- 2016: Revenue of $169.3M, expenses of $178.0M, and assets of $94.2M (revenue -9.3% year-over-year).
- 2015: Revenue of $186.7M, expenses of $213.6M, and assets of $112.9M (revenue -4.7% year-over-year).
- 2014: Revenue of $195.9M, expenses of $203.8M, and assets of $140.0M (revenue -3.4% year-over-year).
- 2013: Revenue of $202.8M, expenses of $212.5M, and assets of $154.0M (revenue -1.3% year-over-year).
- 2012: Revenue of $205.5M, expenses of $217.8M, and assets of $155.5M (revenue -1.1% year-over-year).
- 2011: Revenue of $207.9M, expenses of $207.3M, and assets of $156.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for March Of Dimes Inc:
Data Sources and Methodology
This transparency report for March Of Dimes Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.