Friends of Marys Hands

Analysis

Friends of Marys Hands is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in November 2021, 5 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, Friends of Marys Hands reported income of $105k and spending of $121k, spending 116% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $609k to $105k (-83%), an average of -58% a year. The sharpest change came in the year to December 2022, when income dropped by 71%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of Marys Hands sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include White Creek Wellness Center ($105k), Amaan Charitable Foundation Inc ($105k) and Open Door Immigration Services Inc ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $157k against liabilities of $0, net assets of $157k.