Marys House of Louisiana Inc

Analysis

Marys House of Louisiana Inc is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover health care, 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 December 2023, Marys House of Louisiana Inc reported income of $456k and spending of $350k, leaving 23% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $249k to $456k (+83%), an average of +35% a year. The sharpest change came in the year to December 2022, when income rose by 66%. Over the whole period it spent 75% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Marys House of Louisiana Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within LA. Charities of a similar size with the same main cause include Evans Mills Volunteer Ambulance Squad Incorporated ($456k), American Academy of Pediatrics Dist Rict IX Chapter 2 ($457k) and Sri Lanka Medical Association North America Inc ($456k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $67k (19% of expenses). Other salaries and wages came to $124k. At year end it held assets of $357k against liabilities of $6,277, net assets of $351k.