Maryvale Inc

Analysis

Maryvale Inc is a registered charity in United States, based in Terre Haute, IN. It received its IRS tax-exemption ruling in December 1978, 48 years ago. 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, Maryvale Inc reported income of $1.2m and spending of $988k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.2m (+7.1%), an average of +1.7% a year. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Maryvale Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within IN. Charities of a similar size with the same main cause include Louise Graham Regeneration Center Inc ($1.2m), Centre County Federation of Public Libraries ($1.2m) and Society of Vertebrate Paleontology ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 47% of the total. At year end it held assets of $2.3m against liabilities of $3.6m, net assets of -$1.3m.