Centralia Marys House Ltd

Analysis

Centralia Marys House Ltd is a registered charity in United States, based in Centralia, IL. It received its IRS tax-exemption ruling in June 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Centralia Marys House Ltd reported income of $301k and spending of $291k, spending 97% of its income. Across the 3 years on record, from June 2020 to June 2023, income fell from $404k to $301k (-25%), an average of -14% a year. The sharpest change came in the year to June 2021, when income rose by 55%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Centralia Marys House Ltd sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within IL. Charities of a similar size with the same main cause include Grandview School District Foundation Inc ($301k), South Carolina First Steps to School Readiness Board of Trustees ($301k) and Braingain Israel Inc ($301k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $1,714 (0.6% of expenses). Other salaries and wages came to $221k. At year end it held assets of $134k against liabilities of $994, net assets of $133k. It reported 15 employees.