Feed St Marys Inc

Analysis

Feed St Marys Inc is a registered charity in United States, based in Lexington PK, MD. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Feed St Marys Inc reported income of $134k and spending of $142k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $134k (+54%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 54%. 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, Feed St Marys Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 45th percentile within MD. Charities of a similar size with the same main cause include Research and Education Foundation of the Society of Head and Neck Su ($134k), Island Pond Community Services Inc ($134k) and Christs Loving Hands Inc ($134k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 28% of the total. At year end it held assets of $277k against liabilities of $0, net assets of $277k.