Saint Mary International Adoptions Incoporated

Analysis

Saint Mary International Adoptions Incoporated is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in January 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Saint Mary International Adoptions Incoporated reported income of $283k and spending of $253k, spending 89% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $253k to $283k (+12%), an average of +5.8% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Saint Mary International Adoptions Incoporated sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within NC. Charities of a similar size with the same main cause include Mushayamunda Christian Development Foundation ($283k), Mission Mid-Del Inc ($283k) and Fostering Hope Inc ($283k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $62k (25% of expenses). Other salaries and wages came to $52k. At year end it held assets of $123k against liabilities of $8,000, net assets of $115k. It reported 3 employees.