St Marys Foundation Inc

Analysis

St Marys Foundation Inc is a registered charity in United States, based in Athens, GA. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, St Marys Foundation Inc reported income of $1.4m and spending of $1.1m, spending 80% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.6m to $1.4m (-75%), an average of -30% a year. The sharpest change came in the year to June 2023, when income rose by 107%. Over the whole period it spent 42% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Marys Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within GA. Charities of a similar size with the same main cause include Phoenix Counseling Service Inc ($1.4m), Selma Air Inc ($1.4m) and Foundation for Social Connection ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% of the total. Other salaries and wages came to $345k. At year end it held assets of $10.4m against liabilities of $978k, net assets of $9.4m.