Mary Therese Rose Fund Inc

Analysis

Mary Therese Rose Fund Inc is a registered charity in United States, based in Wanaque, NJ. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Mary Therese Rose Fund Inc reported income of $68k and spending of $113k, spending 165% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $83k to $68k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 131% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mary Therese Rose Fund Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 34th percentile within NJ. Charities of a similar size with the same main cause include Prints of Hope International Inc ($68k), A Hand Up Community Resource Center ($68k) and Filipino American Law Enforcement Officers Association ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 59% of the total. At year end it held assets of $98k against liabilities of $11k, net assets of $87k.