Mary Lyon Foundation Inc

Analysis

Mary Lyon Foundation Inc is a registered charity in United States, based in Shelburne FLS, MA. It received its IRS tax-exemption ruling in October 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, Mary Lyon Foundation Inc reported income of $1.2m and spending of $457k, leaving 63% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $179k to $1.2m (+586%), an average of +62% a year. The sharpest change came in the year to September 2022, when income rose by 377%. Over the whole period it spent 37% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mary Lyon Foundation Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MA. Charities of a similar size with the same main cause include Wiki Education Foundation ($1.2m), American Friends of the Old Citycheder in Jerusalem Inc ($1.2m) and Applied Behavior Learning Center ($1.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $85k (19% of expenses). Other salaries and wages came to $52k. At year end it held assets of $3.2m against liabilities of $14k, net assets of $3.2m. It reported 4 employees.