Marys Shelter of the Treasure Coast Inc

Analysis

Marys Shelter of the Treasure Coast Inc is a registered charity in United States, based in Stuart, FL. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Marys Shelter of the Treasure Coast Inc reported income of $545k and spending of $529k, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $605k to $545k (-9.8%), an average of -3.4% a year. The sharpest change came in the year to June 2021, when income dropped by 19%. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Marys Shelter of the Treasure Coast Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within FL. Charities of a similar size with the same main cause include Hispanic Housing Services Inc Villa at Sacred Heart ($545k), Downtown Development Corporation ($546k) and Bethel Winter Shelter Lions Club ($545k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $336k. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m. It reported 9 employees.