San Mar Childrens Home Inc

Analysis

San Mar Childrens Home Inc is a registered charity in United States, based in Boonsboro, MD. It received its IRS tax-exemption ruling in February 1944, 82 years ago. 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 June 2023, San Mar Childrens Home Inc reported income of $3.4m and spending of $3.3m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.9m to $3.4m (+18%), an average of +4.3% a year. The sharpest change came in the year to June 2021, when income rose by 64%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Mar Childrens Home Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MD. Charities of a similar size with the same main cause include Idaho Primary Care Association ($3.4m), Bluffton Self Help Inc ($3.4m) and Hastings Center Inc ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $133k (4.0% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $1.0m against liabilities of $407k, net assets of $620k. It reported 33 employees.