Marys Center Inc

Analysis

Marys Center Inc is a registered charity in United States, based in Glen Burnie, MD. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Inc reported income of $228k and spending of $210k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $211k to $228k (+7.9%), an average of +1.9% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Marys Center Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within MD. Charities of a similar size with the same main cause include Heart of Iowa Big Brothers-Big Sisters ($228k), Sustainable Liberia Inc ($228k) and Selah ($228k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% of the total. Other salaries and wages came to $33k. At year end it held assets of $599k against liabilities of $3,362, net assets of $595k. It reported 3 employees.