Daughters of Mary of Nazareth Inc

Analysis

Daughters of Mary of Nazareth Inc is a registered charity in United States, based in Quincy, MA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Daughters of Mary of Nazareth Inc reported income of $526k and spending of $478k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $397k to $526k (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Daughters of Mary of Nazareth Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within MA. Charities of a similar size with the same main cause include Eastminster Foundation for Promotion of the Reformed Faith ($526k), Dennis Burke Ministries ($526k) and Footsteps Experience Inc ($526k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $762k against liabilities of $0, net assets of $762k.