Immaculate Heart of Mary Inc

Analysis

Immaculate Heart of Mary Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in June 1980, 46 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Immaculate Heart of Mary Inc reported income of $1.0m and spending of $1.2m, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $839k to $1.0m (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Immaculate Heart of Mary Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within PA. Charities of a similar size with the same main cause include Country Gift & Thrift Shoppe Inc ($1.0m), Rutherford Housing Partnership Inc ($1.0m) and Hope Haven of Cass County ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. At year end it held assets of $1.0m against liabilities of $3.0m, net assets of -$1.9m.