St Mary Conference

Analysis

St Mary Conference is a registered charity in United States, based in Barnegat, NJ. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2024, St Mary Conference reported income of $77k and spending of $78k, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2024, income fell from $85k to $77k (-9.7%), an average of -2.5% a year. The sharpest change came in the year to September 2022, when income dropped by 30%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, St Mary Conference sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 37th percentile within NJ. Charities of a similar size with the same main cause include Chatham Area Silent Pantry Inc ($77k), New Roots ($77k) and Faith Mission Thrift Store ($77k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $71k against liabilities of $0, net assets of $71k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.