Marys Place Boarding House Inc

Analysis

Marys Place Boarding House Inc is a registered charity in United States, based in Marshfield, WI. It received its IRS tax-exemption ruling in December 2024, 2 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Marys Place Boarding House Inc reported income of $150k and spending of $211k, spending 140% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $71k to $150k (+113%), an average of +29% a year. The sharpest change came in the year to December 2022, when income rose by 1588%. Over the whole period it spent 17% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Marys Place Boarding House Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within WI. Charities of a similar size with the same main cause include Lifetree Foundation Inc ($150k), FF of North Orange Park Inc ($150k) and Attleboro Enterprises Development Corporation Inc ($150k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. Other salaries and wages came to $31k. At year end it held assets of $2.3m against liabilities of $10k, net assets of $2.3m. It reported 3 employees.