Marys Place Pittsburgh

Analysis

Marys Place Pittsburgh is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Marys Place Pittsburgh reported income of $317k and spending of $364k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $295k to $317k (+7.7%), an average of +1.9% a year. The sharpest change came in the year to December 2020, when income rose by 38%. Over the whole period it spent 78% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Marys Place Pittsburgh sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within PA. Charities of a similar size with the same main cause include Operation Christian Love Inc ($317k), Ahepa 192-Iii ($317k) and Los Angeles Center for Community Law and Action ($317k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $69k (19% of expenses). Other salaries and wages came to $138k. At year end it held assets of $811k against liabilities of $289k, net assets of $523k. It reported 4 employees.