St Marys Foundation Inc

Analysis

St Marys Foundation Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in July 1982, 44 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 December 2023, St Marys Foundation Inc reported income of $122k and spending of $19k, leaving 85% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $85k to $122k (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2021, when income rose by 3166%. Over the whole period it spent 3.8% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Marys Foundation Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within VA. Charities of a similar size with the same main cause include PTA Florida Congress ($122k), Caners Foundation Endowment for Research Scholarship ($122k) and Fraternal Order of Police Educational Athletic Foundation ($122k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.3% of the total. At year end it held assets of $3.4m against liabilities of $35, net assets of $3.4m.