Mary Free Bed Guild Fund

Analysis

Mary Free Bed Guild Fund is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in March 1987, 39 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Mary Free Bed Guild Fund reported income of $598k and spending of $2.2m, spending 363% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income fell from $3.1m to $598k (-81%), an average of -34% a year. The sharpest change came in the year to March 2023, when income dropped by 82%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mary Free Bed Guild Fund sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MI. Charities of a similar size with the same main cause include Estuary Center ($598k), AIDS Assistance Program ($598k) and Montanas Peer Network ($598k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 26% and program service revenue 29% of the total. Other salaries and wages came to $12k. At year end it held assets of $40.3m against liabilities of $190k, net assets of $40.2m.