C W Mars Inc

Analysis

C W Mars Inc is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in March 1984, 42 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, C W Mars Inc reported income of $3.5m and spending of $3.0m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.2m to $3.5m (+13%), an average of +3.0% a year. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, C W Mars Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MA. Charities of a similar size with the same main cause include Malone Community Center ($3.5m), South Dakota Urban Indian Health Inc Sduih ($3.5m) and LGH Charitable Trust Inc ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $111k (3.8% of expenses). Other salaries and wages came to $913k. At year end it held assets of $4.7m against liabilities of $649k, net assets of $4.0m. It reported 19 employees.