Saint Mary of Carmen Society Inc

Analysis

Saint Mary of Carmen Society Inc is a registered charity in United States, based in Waltham, MA. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Saint Mary of Carmen Society Inc reported income of $174k and spending of $198k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $192k to $174k (-9.3%), an average of -9.3% a year. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Saint Mary of Carmen Society Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within MA. Charities of a similar size with the same main cause include Minnesota STEM Partnership ($174k), Pacific Rim Education Foundation Inc ($174k) and Gilbert Albert Community Center Inc ($174k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $179k against liabilities of $0, net assets of $179k.