Marys Center for Maternal and Child Care Inc

Analysis

Marys Center for Maternal and Child Care Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 1989, 37 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, Marys Center for Maternal and Child Care Inc reported income of $96.0m and spending of $100.3m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $70.0m to $96.0m (+37%), an average of +8.2% a year. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Marys Center for Maternal and Child Care Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within DC. Charities of a similar size with the same main cause include Terros Inc ($95.8m), Airport Research and Development Foundation ($96.2m) and St Louis Municipal Finance Corporation ($95.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $2.5m (2.5% of expenses). Other salaries and wages came to $57.2m. At year end it held assets of $43.3m against liabilities of $38.6m, net assets of $4.6m. It reported 1,070 employees.