The Marayah Cares Foundation
Analysis
The Marayah Cares Foundation is a registered charity in United States, based in Elk Grove, CA. It received its IRS tax-exemption ruling in July 2022, 4 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, The Marayah Cares Foundation reported income of $69k and spending of $56k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $41k to $69k (+66%), an average of +66% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 74% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Marayah Cares Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within CA. Charities of a similar size with the same main cause include Angel Wings Foundation ($69k), Family Resource Exchange ($69k) and Nueces County C P S Community Partners Inc ($69k).
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 $29k against liabilities of $0, net assets of $29k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Angel Wings Foundation | Bonney Lake | $69k |
| Family Resource Exchange | Herington | $69k |
| Nueces County C P S Community Partners Inc | Corp Christi | $69k |
| Prospect Housing Properties Inc | Lebanon | $69k |