Gift of Mary

Analysis

Gift of Mary is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in April 2022, 4 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 November 2023, Gift of Mary reported income of $545k and spending of $140k, leaving 74% of income unspent that year. Across the 2 years on record, from November 2022 to November 2023, income fell from $1.4m to $545k (-61%), an average of -61% a year. The sharpest change came in the year to November 2023, when income dropped by 61%. Over the whole period it spent 9.5% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Gift of Mary sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within PA. Charities of a similar size with the same main cause include Monterey County Housing Inc ($545k), Baldwin Retirement Apartment Complex Inc ($545k) and Prairie Haven Homes Ltd ($545k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $81k. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.