Mars Home for Youth Foundation

Analysis

Mars Home for Youth Foundation is a registered charity in United States, based in Mars, PA. It received its IRS tax-exemption ruling in September 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mars Home for Youth Foundation reported income of $621k and spending of $1.0m, spending 165% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $603k to $621k (+3.0%), an average of +0.7% a year. The sharpest change came in the year to June 2021, when income rose by 58%. Over the whole period it spent 205% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mars Home for Youth Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within PA. Charities of a similar size with the same main cause include Golden Rule Charities - the Pantry ($621k), Child Development Inc ($621k) and Handprints Christian Early Learning Center Inc ($620k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% of the total. Other salaries and wages came to $140k. At year end it held assets of $3.4m against liabilities of $0, net assets of $3.4m.