Maryada Family Foundation Inc

Analysis

Maryada Family Foundation Inc is a registered charity in United States, based in Rehoboth, MA. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2021, Maryada Family Foundation Inc reported income of $241k and spending of $313k, spending 130% of what it took in. Across the 3 years on record, from December 2019 to December 2021, income grew from $164k to $241k (+47%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 1204%. Over the whole period it spent 145% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Maryada Family Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include Crow Wing Power Community TR ($240k), Search Foundation ($241k) and Bridgeport Rotary Club Foundationinc ($240k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 3.9% of the total. At year end it held assets of $2.2m against liabilities of $26k, net assets of $2.2m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.