Mariavision US Inc

Analysis

Mariavision US Inc is a registered charity in United States, based in Ave Maria, FL. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2022, Mariavision US Inc reported income of $2.6m and spending of $2.5m, spending 99% of its income. Across the 3 years on record, from December 2020 to December 2022, income grew from $610k to $2.6m (+320%), an average of +105% a year. The sharpest change came in the year to December 2021, when income rose by 361%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mariavision US Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Ashtalakshmi Temple ($2.6m), Lutheran Heritage Foundation ($2.6m) and House of Mercy ($2.6m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $38k against liabilities of $200k, net assets of -$161k. It reported 3 employees.