Maryvale

Analysis

Maryvale is a registered charity in United States, based in Rosemead, CA. It received its IRS tax-exemption ruling in March 1946, 80 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 June 2023, Maryvale reported income of $17.3m and spending of $14.6m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $24.2m to $17.3m (-29%), an average of -8.1% a year. The sharpest change came in the year to June 2021, when income dropped by 19%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Maryvale sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Puget Sound Regional Services ($17.3m), Conscious Alliance ($17.3m) and Workmoney Foundation Inc ($17.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $529k (3.6% of expenses). Other salaries and wages came to $6.6m. At year end it held assets of $44.7m against liabilities of $14.5m, net assets of $30.2m. It reported 165 employees.