Marys Meals USA Inc
Analysis
Marys Meals USA Inc is a registered charity in United States, based in Bloomfield, NJ. It received its IRS tax-exemption ruling in November 2008, 18 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Marys Meals USA Inc reported income of $14.0m and spending of $13.9m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.4m to $14.0m (+88%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 99% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Marys Meals USA Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within NJ. Charities of a similar size with the same main cause include Caring Partners International Inc ($13.9m), Junior Achievement of Southeast Texas Inc ($14.1m) and Tov Vchesed Foundation Inc ($13.9m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $213k (1.5% of expenses). Other salaries and wages came to $968k. At year end it held assets of $3.0m against liabilities of $2.1m, net assets of $937k. It reported 22 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 0.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Caring Partners International Inc | Franklin | $13.9m |
| Junior Achievement of Southeast Texas Inc | Houston | $14.1m |
| Tov Vchesed Foundation Inc | Spring Valley | $13.9m |
| International Youth Foundation | Baltimore | $14.2m |