Daughters of Mary Mother of Israels Hope

Analysis

Daughters of Mary Mother of Israels Hope is a registered charity in United States, based in Winnsboro, TX. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Daughters of Mary Mother of Israels Hope reported income of $1.5m and spending of $269k, leaving 82% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $837k to $1.5m (+81%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 516%. Over the whole period it spent 34% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Daughters of Mary Mother of Israels Hope sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Pickaway County Commission on Aging Inc ($1.5m), Angier B Duke Memorial Inc Term ($1.5m) and The Catherine B Reynolds Foundation Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 50% of the total. Other salaries and wages came to $52k. At year end it held assets of $2.1m against liabilities of $3,872, net assets of $2.1m. It reported 3 employees.