Mary TV Inc

Analysis

Mary TV Inc is a registered charity in United States, based in Notre Dame, IN. It received its IRS tax-exemption ruling in March 1996, 30 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 October 2023, Mary TV Inc reported income of $1.2m and spending of $1.3m, spending 106% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income grew from $1.1m to $1.2m (+11%), an average of +2.7% a year. The sharpest change came in the year to October 2022, when income rose by 58%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mary TV Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within IN. Charities of a similar size with the same main cause include Virginia Christian University ($1.2m), Lighthouse Media Na Inc ($1.2m) and Change Starts with Community ($1.2m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $28k (2.1% of expenses). Other salaries and wages came to $89k. At year end it held assets of $2.1m against liabilities of $51k, net assets of $2.1m. It reported 3 employees.