Maryfield Inc

Analysis

Maryfield Inc is a registered charity in United States, based in High Point, NC. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Maryfield Inc reported income of $35.4m and spending of $35.7m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $35.5m to $35.4m (-0.4%), an average of -0.1% a year. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Maryfield Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within NC. Charities of a similar size with the same main cause include Cooperative Production Inc ($35.3m), The Estaugh ($35.4m) and Butler County Childrens Center Inc ($35.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 8.5% and program service revenue 88% of the total. Other salaries and wages came to $16.7m. At year end it held assets of $170.0m against liabilities of $145.0m, net assets of $25.0m. It reported 672 employees.