Marys Shelter

Analysis

Marys Shelter is a registered charity in United States, based in Reading, PA. It received its IRS tax-exemption ruling in June 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Marys Shelter reported income of $1.6m and spending of $1.5m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $873k to $1.6m (+84%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 79%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Marys Shelter sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within PA. Charities of a similar size with the same main cause include Disability Services & Legal Center ($1.6m), Bay Area Furniture Bank ($1.6m) and Community Care Network Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 9.1% of the total. Compensation of current officers, directors and key employees was $136k (9.0% of expenses). Other salaries and wages came to $764k. At year end it held assets of $7.7m against liabilities of $1.4m, net assets of $6.3m. It reported 37 employees.