Lead Maryland Foundation Inc

Analysis

Lead Maryland Foundation Inc is a registered charity in United States, based in Queenstown, MD. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Lead Maryland Foundation Inc reported income of $223k and spending of $315k, spending 141% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $185k to $223k (+21%), an average of +4.8% a year. The sharpest change came in the year to June 2022, when income rose by 57%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lead Maryland Foundation Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within MD. Charities of a similar size with the same main cause include Always Knocking ($223k), E B Scripps Elementary School Academic Fundraising Partnership ($223k) and Smart Kids with Learning Disabilites Inc ($223k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 82% and program service revenue 28% of the total. At year end it held assets of $657k against liabilities of $94k, net assets of $563k.