Marias Healthcare Services Inc

Analysis

Marias Healthcare Services Inc is a registered charity in United States, based in Shelby, MT. It received its IRS tax-exemption ruling in December 1977, 49 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Marias Healthcare Services Inc reported income of $10.0m and spending of $7.6m, leaving 24% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $7.8m to $10.0m (+28%), an average of +8.7% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Marias Healthcare Services Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within MT. Charities of a similar size with the same main cause include Paws for Purple Hearts ($10.0m), The Gunston School Incorporated ($10.0m) and New North Citizens Council ($10.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $359k (4.7% of expenses). Other salaries and wages came to $4.7m. At year end it held assets of $20.1m against liabilities of $7.9m, net assets of $12.2m. It reported 88 employees.