Marys Hall Inc

Analysis

Marys Hall Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Marys Hall Inc reported income of $637k and spending of $805k, spending 126% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $193k to $637k (+229%), an average of +35% a year. The sharpest change came in the year to June 2022, when income rose by 2824%. Over the whole period it spent 43% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Marys Hall Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Lehigh Valley Community Broad Casters Association ($637k), The Harry Kay Charitable Foundation ($637k) and Chester Bowl Improvement Club ($637k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $18.3m against liabilities of $14.0m, net assets of $4.3m.