Mary Shannon Ministries

Analysis

Mary Shannon Ministries is a registered charity in United States, based in Surprise, AZ. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Shannon Ministries reported income of $275k and spending of $247k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $358k to $275k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 65% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mary Shannon Ministries sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within AZ. Charities of a similar size with the same main cause include Portraits in Faith Foundation ($275k), Confrontation Point Ministries ($275k) and Creation Illustrated Ministries Inc ($275k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.0% of the total. Compensation of current officers, directors and key employees was $116k (47% of expenses). Other salaries and wages came to $42k. At year end it held assets of $223k against liabilities of $0, net assets of $223k. It reported 3 employees.