Maryville Academy

Analysis

Maryville Academy is a registered charity in United States, based in Des Plaines, IL. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Maryville Academy reported income of $45.6m and spending of $42.6m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $27.7m to $45.6m (+64%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 28%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Maryville Academy sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within IL. Charities of a similar size with the same main cause include Dare to Care Inc ($45.6m), Albertina Kerr Centers ($45.6m) and Meadowood Corporation ($45.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $354k (0.8% of expenses). Other salaries and wages came to $24.4m. At year end it held assets of $109.4m against liabilities of $18.8m, net assets of $90.6m. It reported 583 employees.