Marys Choice Rva

Analysis

Marys Choice Rva is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in October 2019, 7 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 September 2024, Marys Choice Rva reported income of $246k and spending of $258k, spending 105% of its income. Across the 3 years on record, from September 2022 to September 2024, income grew from $194k to $246k (+26%), an average of +12% a year. The sharpest change came in the year to September 2023, when income rose by 23%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Marys Choice Rva sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within VA. Charities of a similar size with the same main cause include Wishing Well Foundation of Florida Inc ($246k), Artemis Endeavor Inc ($246k) and Mizan Institute ($246k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 71% of the total. Compensation of current officers, directors and key employees was $66k (25% of expenses). Other salaries and wages came to $46k. At year end it held assets of $188k against liabilities of $0, net assets of $188k. It reported 6 employees.