Marys Hall Inc
Marys Hall Inc. experiences significant asset and liability growth amidst fluctuating revenues and recent operating deficit.
EIN: 111835881 · Brooklyn, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.3M |
| Total Expenses | $805K |
| Program Spending | 75% |
| Net Assets | $4.3M |
| Transparency Score | 70/100 |
Is Marys Hall Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Marys Hall Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Marys Hall Inc
Marys Hall Inc (EIN: 111835881) is a nonprofit organization based in Brooklyn, NY. The organization reported total revenue of $6.3M and total assets of $19.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marys Hall Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marys Hall Inc is a mid-size nonprofit that has been operating for 80 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 28.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $637K |
| Total Expenses | $805K |
| Surplus / Deficit | $-167,867 |
| Total Assets | $18.3M |
| Total Liabilities | $14.0M |
| Net Assets | $4.3M |
| Operating Margin | -26.4% |
| Debt-to-Asset Ratio | 76.5% |
| Months of Reserves | 272.7 months |
Financial Health Grade: C
In 2023, Marys Hall Inc reported a deficit of $168K with expenses exceeding revenue, holds 272.7 months of operating reserves (strong position), has a debt-to-asset ratio of 76.5% (high leverage).
Financial Trends
Over 7 years of filings (2017–2023), Marys Hall Inc's revenue has grown at a compound annual growth rate (CAGR) of 28.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -84.8% | +9.5% | +76.9% |
| 2022 | +2824.0% | +32.7% | +684.6% |
| 2021 | -13.1% | +287.0% | -11.3% |
| 2020 | -14.6% | +278.6% | +1.8% |
| 2019 | +6.1% | -84.9% | -22.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1946 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Marys Hall Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Marys Hall Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $168K, with expenses exceeding revenue.
- Debt-to-asset ratio: 76.5%.
Executive Compensation Analysis
Marys Hall Inc. consistently reports 0% officer compensation across all available filings, indicating that no portion of its expenses is allocated to executive salaries, which is highly favorable for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Marys Hall Inc's IRS 990 filings:
- Significant increase in liabilities without clear explanation in summary data
- Operating deficit in the latest fiscal period (202306) where expenses ($804,664) exceeded revenue ($636,797)
- Highly volatile revenue figures across reporting periods, making financial planning and stability uncertain
Strengths
The following positive indicators were identified for Marys Hall Inc:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for mission-related activities
- Substantial growth in assets, from $1,317,082 in 202106 to $19,110,097 currently, suggesting significant capacity building
- Multiple IRS 990 filings available, indicating a commitment to financial transparency
Frequently Asked Questions about Marys Hall Inc
Is Marys Hall Inc a legitimate charity?
Marys Hall Inc (EIN: 111835881) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 7 years of IRS 990 filings on record. Total revenue: $6.3M. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Marys Hall Inc spend its money?
Marys Hall Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Marys Hall Inc tax-deductible?
Marys Hall Inc is registered as a tax-exempt nonprofit (EIN: 111835881). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Marys Hall Inc's spending goes to programs?
Marys Hall Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Marys Hall Inc located?
Marys Hall Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 111835881.
How many years of IRS 990 filings does Marys Hall Inc have?
Marys Hall Inc has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $6.3M in total revenue.
What caused the significant increase in assets and liabilities between 202106 and 202306?
The data shows assets jumped from $1,317,082 in 202106 to $10,334,060 in 202206, and further to $18,282,654 in 202306. Liabilities also surged from $308,534 to $5,862,613 and then to $13,979,074 in the same periods. This suggests major capital investments or projects, likely financed through debt.
Why did expenses exceed revenue in the 202306 period?
In the 202306 period, Marys Hall Inc. reported revenues of $636,797 and expenses of $804,664, resulting in an operating deficit. This contrasts with the previous period's surplus and warrants investigation into the nature of these expenses.
What is the organization's NTEE code and primary program activities?
The provided data does not specify the NTEE code or detailed program activities, which makes it difficult to fully assess the organization's mission alignment and program effectiveness.
Filing History
IRS 990 filing history for Marys Hall Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Marys Hall Inc's revenue has grown by 339.8%, moving from $145K to $637K. Total assets increased by 843.9% over the same period, from $1.9M to $18.3M. Total functional expenses rose by 1960.8%, from $39K to $805K. In its most recent filing year (2023), Marys Hall Inc reported a deficit of $168K, with expenses exceeding revenue. The organization holds $14.0M in liabilities against $18.3M in assets (debt-to-asset ratio: 76.5%), resulting in net assets of $4.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $637K | $805K | $18.3M | $14.0M | — | View 990 |
| 2022 | $4.2M | $735K | $10.3M | $5.9M | — | View 990 |
| 2021 | $144K | $554K | $1.3M | $309K | — | View 990 |
| 2020 | $165K | $143K | $1.5M | $65K | — | View 990 |
| 2019 | $193K | $38K | $1.5M | $62K | — | View 990 |
| 2018 | $182K | $250K | $1.9M | $650K | — | View 990 |
| 2017 | $145K | $39K | $1.9M | $628K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $637K, expenses of $805K, and assets of $18.3M (revenue -84.8% year-over-year).
- 2022: Revenue of $4.2M, expenses of $735K, and assets of $10.3M (revenue +2824.0% year-over-year).
- 2021: Revenue of $144K, expenses of $554K, and assets of $1.3M (revenue -13.1% year-over-year).
- 2020: Revenue of $165K, expenses of $143K, and assets of $1.5M (revenue -14.6% year-over-year).
- 2019: Revenue of $193K, expenses of $38K, and assets of $1.5M (revenue +6.1% year-over-year).
- 2018: Revenue of $182K, expenses of $250K, and assets of $1.9M (revenue +25.9% year-over-year).
- 2017: Revenue of $145K, expenses of $39K, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marys Hall Inc:
Data Sources and Methodology
This transparency report for Marys Hall Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.