St Marys Center Inc

Analysis

St Marys Center Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1990, 36 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 December 2023, St Marys Center Inc reported income of $7.3m and spending of $8.8m, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.8m to $7.3m (-6.6%), an average of -1.7% a year. Over the whole period it spent 110% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Marys Center Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Association of Immunization Managers ($7.2m), Medical Plaza Imaging Associates LLC ($7.3m) and Community Dental ($7.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.8% and program service revenue 94% of the total. Other salaries and wages came to $2.7m. At year end it held assets of $7.8m against liabilities of $3.3m, net assets of $4.5m. It reported 43 employees.

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.