Friends of Mariam Inc

Analysis

Friends of Mariam Inc is a registered charity in United States, based in Greensboro, GA. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Mariam Inc reported income of $176k and spending of $173k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $176k (+188%), an average of +188% a year. The sharpest change came in the year to December 2023, when income rose by 188%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Friends of Mariam Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 54th percentile within GA. Charities of a similar size with the same main cause include Youth Challenge of New Jersey Inc ($176k), Peter Hopkins Foundation Inc ($176k) and Community Cancer Services Inc ($176k).

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 $30k against liabilities of $0, net assets of $30k.