Mariners Inn

Analysis

Mariners Inn is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in April 1979, 47 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 September 2023, Mariners Inn reported income of $5.5m and spending of $4.0m, leaving 26% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.5m to $5.5m (+58%), an average of +12% a year. The sharpest change came in the year to September 2022, when income rose by 79%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mariners Inn sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within MI. Charities of a similar size with the same main cause include Bethel Nursing Home Co Inc ($5.5m), Crawford County Shared Health Servi ($5.5m) and Mason City Area Nursing Home Association Inc ($5.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% and program service revenue 2.1% of the total. Compensation of current officers, directors and key employees was $152k (3.8% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $10.6m against liabilities of $1.6m, net assets of $9.0m. It reported 100 employees.