Marys Children Inc
Analysis
Marys Children Inc is a registered charity in United States, based in Washington, IN. It received its IRS tax-exemption ruling in September 1993, 33 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, Marys Children Inc reported income of $304k and spending of $456k, spending 150% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $269k to $304k (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2020, when income rose by 475%. Over the whole period it spent 68% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Marys Children Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within IN. Charities of a similar size with the same main cause include Common Ground Ministries Inc ($304k), Its a New Day Inc ($304k) and Redeeming Grace Ministries ($304k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 60% of the total. Other salaries and wages came to $39k. At year end it held assets of $5.6m against liabilities of $656, net assets of $5.6m.
Income and spending
Where the income comes from
- Contributions & grants 32%
- Program services 60%
- Other 7.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Common Ground Ministries Inc | Haverhill | $304k |
| Its a New Day Inc | Woodstock | $304k |
| Redeeming Grace Ministries | Auburn | $304k |
| Catholic Charities of the Archdiocese of Indianapolis Inc | Indianapolis | $305k |