St Marys Services

Analysis

St Marys Services is a registered charity in United States, based in Palatine, IL. It received its IRS tax-exemption ruling in March 1943, 83 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, St Marys Services reported income of $692k and spending of $839k, spending 121% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $552k to $692k (+26%), an average of +7.9% a year. The sharpest change came in the year to June 2022, when income rose by 192%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, St Marys Services sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within IL. Charities of a similar size with the same main cause include Ceeds of Peace ($692k), Rainbow Learning Center Inc ($692k) and Grant County Rescue Mission Inc ($692k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $95k (11% of expenses). Other salaries and wages came to $332k. At year end it held assets of $11.4m against liabilities of $31k, net assets of $11.4m. It reported 9 employees.