Marys Shelter

Analysis

Marys Shelter is a registered charity in United States, based in Elberta, AL. It received its IRS tax-exemption ruling in June 2001, 25 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, Marys Shelter reported income of $837k and spending of $775k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $368k to $837k (+128%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 73%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Marys Shelter sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within AL. Charities of a similar size with the same main cause include Lighthouse Ministries Inc ($837k), Cottages of Hope Inc ($837k) and Vista Holdings Inc ($837k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. Other salaries and wages came to $292k. At year end it held assets of $1.5m against liabilities of $186k, net assets of $1.3m. It reported 20 employees.