Philippine Disciples of Mary Inc

Analysis

Philippine Disciples of Mary Inc is a registered charity in United States, based in Scarsdale, NY. It received its IRS tax-exemption ruling in December 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Philippine Disciples of Mary Inc reported income of $1.2m and spending of $1.0m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $913k to $1.2m (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Philippine Disciples of Mary Inc sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Back to Jerusalem Inc ($1.2m), Encounter Ministries ($1.2m) and Bridge the Gap International Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $74k (7.1% of expenses). Other salaries and wages came to $153k. At year end it held assets of $1.3m against liabilities of $295k, net assets of $1.0m.