Mary D Fund Inc

Analysis

Mary D Fund Inc is a registered charity in United States, based in Block Island, RI. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mary D Fund Inc reported income of $287k and spending of $277k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $327k to $287k (-12%), an average of -3.2% a year. The sharpest change came in the year to December 2023, when income rose by 58%. 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, Mary D Fund Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 57th percentile within RI. Charities of a similar size with the same main cause include Little Sprouts Discovery Center Non-Profit Inc ($287k), Global Orphan Care ($287k) and Cityheart Corporation ($287k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $939k against liabilities of $0, net assets of $939k.