Mary E Bivins Foundation

Analysis

Mary E Bivins Foundation is a registered charity in United States, based in Amarillo, TX. It received its IRS tax-exemption ruling in January 2003, 23 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, Mary E Bivins Foundation reported income of $7.3m and spending of $4.1m, leaving 43% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $8.9m to $7.3m (-19%), an average of -5.1% a year. The sharpest change came in the year to September 2022, when income dropped by 28%. Over the whole period it spent 41% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mary E Bivins Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Breakthrough Corporation ($7.2m), Michaels Community Services Corporation ($7.3m) and M F Place Inc ($7.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $384k (9.3% of expenses). Other salaries and wages came to $243k. At year end it held assets of $109.3m against liabilities of $205k, net assets of $109.1m. It reported 9 employees.