MRM Property and Liability TR Inc

Analysis

MRM Property and Liability TR Inc is a registered charity in United States, based in Sewickley, PA. It received its IRS tax-exemption ruling in November 2004, 22 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. 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 April 2024, MRM Property and Liability TR Inc reported income of $15.7m and spending of $17.3m, spending 110% of what it took in. Across the 5 years on record, from April 2020 to April 2024, income grew from $13.6m to $15.7m (+16%), an average of +3.8% a year. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, MRM Property and Liability TR Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within PA. Charities of a similar size with the same main cause include Gaston County Family YMCA ($15.7m), A G Rhodes Home Inc ($15.8m) and North American Securities Administrators Association Inc ($15.7m).

On its Form 990 for the period ending April 2024, revenue came from program service revenue 92% of the total. At year end it held assets of $37.3m against liabilities of $14.7m, net assets of $22.6m.