Maries House of Hope Inc

Analysis

Maries House of Hope Inc is a registered charity in United States, based in Trotwood, OH. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover human services, 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, Maries House of Hope Inc reported income of $1.5m and spending of $1.9m, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.5m (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2020, when income rose by 65%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Maries House of Hope Inc 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 84th percentile, and in the 84th percentile within OH. Charities of a similar size with the same main cause include Project Lifesaver Inc ($1.5m), Christian Family Services Inc ($1.5m) and Partners in Senior Care ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $276k (14% of expenses). Other salaries and wages came to $672k. At year end it held assets of $1.2m against liabilities of $500k, net assets of $688k. It reported 47 employees.