Mary Cariola Childrens Center Inc

Analysis

Mary Cariola Childrens Center Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in January 1964, 62 years ago. 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, Mary Cariola Childrens Center Inc reported income of $40.9m and spending of $40.2m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $35.8m to $40.9m (+14%), an average of +3.4% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mary Cariola Childrens Center Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Five Acres-The Boys & Girls Aid Society of Los Angeles County ($40.8m), Merakey Idd Philadelphia ($40.9m) and Cesar Chavez Foundation ($40.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.2% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $264k (0.7% of expenses). Other salaries and wages came to $26.4m. At year end it held assets of $29.3m against liabilities of $18.0m, net assets of $11.4m. It reported 887 employees.