March of Dimes Inc is a 501(c)(3) organization based in Arlington, Virginia, registered in 1950, with $88,512,222 in FY2023 revenue. CharityIndex grades it C+, and it directs about 80% of spending to programs.
Revenue (FY2023)
$88.5M
▼ 15.7% vs prior year
Diseases median: $206K
Expenses (FY2023)
$94.9M
Net assets
-$7.3M
Employees
539
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For March of Dimes Inc: 80% to programs · $9 to raise $100 earns a C+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For March of Dimes Inc: 0 mo reserves · -7% margin earns a D on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For March of Dimes Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For March of Dimes Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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March of dimes leads the fight for the health of all moms and babies.
Research - see schedule oresearchwith 1 in 10 babies born too soon each year and two women dying from pregnancy and childbirth complications every day, we continued to fund research to determine the causes and preventions of preterm birth and help more moms have healthy, full-term pregnancies.breakthroughsgroundbreaking strides were made in 2023 at our five prematurity research centers (prcs), including the creation of predictive models for assessing the risk of preterm birth, preeclampsia, and other complications with unparalleled accuracy. additionally, promising initial trials began for a microbiota supplement tailored for individuals at high risk of preterm birth. our teams have also undertaken the development of a comprehensive database to illuminate the intricate connections between environmental exposures and recurrent pregnancy loss and miscarriage, paving the way for targeted interventions and improved maternal and infant health outcomes.grants and awardswe support some of the brightest doctors, scientists, academics, and computational experts in the world through our four research grants and two career awards. last year, we awarded $5.3 million to individuals pursuing transformative translational discoveries aimed at drastically improving the health of pregnant people and their babies.new research center at university of pennsylvanialongstanding racial disparities make the us among the most dangerous developed nations for childbirthwhich is why we launched our research center for advancing maternal health equity, based at the university of pennsylvania, to help close the health equity gap and improve birth outcomes.podcastwe launched our first ever research-based podcast, modcast, which brings scientists, doctors, donors, and families behind the laboratory doors for a fascinating look into the science that is changing, study by study, the story of moms and babies in the us. it had 1,000 downloads in the first six months, and was ranked in the top 100 life science podcasts worldwide.innovation fundwe continued our commitment to fight for families with the march of dimes innovation fund, a venture philanthropy initiative to invest donated funds in early-stage companies working to address the most pressing maternal and infant health challenges. since launching, we've raised $6.75 million for the fund and engaged with a total of 320 companies of interest. we evaluated a number of organizations last year and chose two to invest in, bringing our total to three portfolio companies.
Programs, education, and advocacy - see schedule o education and advocacyprofessional trainingour professional education team ignited necessary change by delivering 11,626 implicit bias training seats to healthcare professionals (including 652 students), with 98% confirming the training met its objectives and 93% saying it will benefit their practice. they also delivered 12,604 seats of other professional education trainings. with cdc funding, over 1,000 healthcare professionals nationwide received free beyond labels training on reducing stigma related to maternal mental health and substance use disorder. this contributed to training 24,230 healthcare professionals in 2023.supportive pregnancy careprenatal care, education, and social support are pregnancy essentials and we continued bringing them where they were most needed with supportive pregnancy care, adding nine new sites for a total of 44 active group prenatal care programs across the country. forty-eight professionals were trained at five of the new sites in 2023, with additional trainings and new sites scheduled to onboard in 2024.it starts with momour consumer education platform, it starts with mom, expanded its reach to help even more women in need, with publications available in both spanish and english. the it starts with mom live webinars received over 778,000 viewsa 200% increase from 2022. itstartswithmom.org also received over 11,300 visits.our reportsas the leading nonprofit voi
Revenue declined from $202.8M (FY2013) to $88.5M (FY2023) across 10 reported years.
Financial snapshot
Operating margin
-7.2%
Spent more than it raised in the latest fiscal year.
Total assets
$67.9M
Total liabilities
$75.2M
Net assets
-$7.3M
Salaries & benefits
$46.7M
49% of expenses
Board members
19
19 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $88,512,222▼15.7% | $94,886,069▼16.5% | -$7,317,257▲14.4% | $67,854,062▼6.3% | 990 |
| 2022 | $104,990,667▲1.6% | $113,589,942▲10.5% | -$8,543,518▼635% | $72,400,131▼18.0% | 990 |
| 2021 | $103,313,398▲2.4% | $102,800,561▲3.0% | $1,595,683▲108% | $88,338,195▲17.9% | 990 |
| 2020 | $100,854,404▼22.2% | $99,802,168▼20.6% | -$19,507,789▼147% | $74,954,887▲3.3% | 990 |
| 2019 | $129,607,332▼8.3% | $125,705,437▼5.8% | -$7,889,874▲36.5% | $72,557,610▲1.1% | 990 |
| 2018 | $141,327,601▼16.5% | $133,464,596▼25.0% | -$12,431,830▲3.7% | $71,786,993▼23.8% | 990 |
| 2016 | $169,312,864▼9.3% | $178,037,857▼16.6% | -$12,903,345▼196% | $94,169,960▼16.6% | 990 |
| 2015 | $186,724,568▼4.7% | $213,585,398▲4.8% | $13,415,017▼45.5% | $112,862,958▼19.4% | 990 |
| 2014 | $195,886,297▼3.4% | $203,794,017▼4.1% | $24,617,445▼67.2% | $139,978,215▼9.1% | 990 |
| 2013 | $202,811,920 | $212,538,425▼2.4% | $75,077,696▲1008% | $153,954,900▼1.0% | 990 |
| 2012 | — | $217,809,978▲5.1% | $6,778,830▼43.2% | $155,522,247▼0.4% | 990 |
| 2011 | — | $207,290,112▲0.6% | $11,933,934▼77.8% | $156,180,805▼7.9% | 990 |
| 2010 | — | $206,093,223 | $53,696,220 | $169,647,882 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Elizabeth K Cherot — $439,334 (0.46% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Elizabeth K Cherot | Cmo (end 7/23); Pres/ceo (beg 7/23) | 40 | $439,334 |
| Frederick A Brogdon | Svp & Chief Operating Officer | 40 | $332,674 |
| Kelly Ernst | Svp, Market Impact | 40 | $331,364 |
| Adrian P Mollo | Svp, Gen. Counsel & Asst. Secretary | 40 | $322,890 |
| Stacey D Stewart | Former President & Ceo | 0 | $322,280 |
| Cynthia H Rahman | Svp, Chief Marketing Officer | 40 | $305,469 |
| Deirdre Maloney | Vp, Human Resources | 40 | $271,643 |
| Alison A Spera | Vp, Market Impact | 40 | $249,528 |
| Rochelle S Siegel | Sr. Exec. Dir Mkt Impact (end 12/23) | 40 | $216,564 |
| Heather J Martin | Vice President Operations | 40 | $200,878 |
| Karyn L Demartini | Vp, Major, Principal & Planned Giving | 40 | $187,915 |
| Karen W Johnson | Interim Pres. & Ceo (1/23 - 7/23) | 40 | $174,458 |
| Candice Christopher | Cfo (beg 06/23) | 40 | $157,516 |
| Amy L Casseri | Trustee | 1 | — |
| Andrew J Dahle | Treasurer (beg 06/23) | 3 | — |
| Austin Pittman | Trustee (beg 06/23) | 1 | — |
| Brian Thompson Md | Trustee | 1 | — |
| David L Lakey Md | Vice Chair (end 06/23) | 1 | — |
| Douglas D Hawthorne | Trustee | 1 | — |
| Ellen Kelsay | Trustee (beg 06/23) | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| True North Inc | Advertising | $3,539,990 |
| Edge Direct LLC | Advertising | $1,497,145 |
| Cdr Fundraising Group (ddtv) | Develop & Air Time | $938,610 |
| Brg Communications Inc | Strategic Marketing | $546,294 |
| M&r Strategic Services Inc | Digital Marketing Strategy | $496,848 |
1,829 grants to March of Dimes Inc totaling $56.3M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $786,458 |
| Paypal Charitable Giving Fund | General support | 2024 | $421,599 |
| Charities Aid Foundation America | Charitable donation | 2024 | $354,791 |
| North Carolina Community Foundation Inc | To support the organization's stated mission | 2024 | $154,000 |
| National Christian Charitable Foundation | Medical research | 2024 | $68,150 |
| The Blackbaud Giving Fund | General support | 2024 | $66,761 |
| Greater Houston Community Foundation | Health | 2024 | $51,060 |
| The New York and Presbyterian Hospital | Support | 2024 | $50,000 |
| Blue Cross Blue Shield Association | General support | 2024 | $50,000 |
| Greater Kansas City Community Foundation | Health, medicine & science | 2024 | $46,362 |
| The Albertsons Companies Foundation | Other | 2024 | $45,500 |
| The Cleveland Clinic Foundation | Community support | 2024 | $45,000 |
| Cleveland Clinic Foundation | Community support | 2024 | $45,000 |
| Ayco Charitable Foundation | Medical / public services | 2024 | $41,650 |
| American Endowment Foundation | Disease/disorder | 2024 | $41,468 |
45 grants totaling $7.7M in FY2023 — showing the 15 largest. All grants made by March of Dimes Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Trustees of the University of Pennsylvania | Research & medical | $1,041,667 |
| The Board of Trustees of the Leland Stanford Junior University | Research & medical | $1,000,000 |
| Childrens Hospital Medical Center | Research & medical | $950,000 |
| University of California San Francisco | Research & medical | $680,000 |
| Weill Medical College of Cornell University | Research & medical | $500,000 |
| Duke University | Research & medical | $250,000 |
| Johns Hopkins University | Research & medical | $200,000 |
| The Childrens Hospital of Philadelphia | Research & medical | $200,000 |
| Ohio State University | Research & medical | $200,000 |
| Regents of the University of Colorado | Research & medical | $200,000 |
| University of Massachusetts Chan Medical School | Research & medical | $200,000 |
| Virginia Commonwealth University | Research & medical | $200,000 |
| Dimensions Health Corporation | Community | $178,169 |
| Washington University | Research & medical | $150,000 |
| Mayo Clinic | Research & medical | $150,000 |
Explore more
Data for March of Dimes Inc (EIN 13-1846366) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.