Marriotts Ridge High School Music Foundation Inc
Analysis
Marriotts Ridge High School Music Foundation Inc is a registered charity in United States, based in Marriottsvl, MD. It received its IRS tax-exemption ruling in May 2008, 18 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, Marriotts Ridge High School Music Foundation Inc reported income of $71k and spending of $50k, leaving 30% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income fell from $79k to $71k (-9.5%), an average of -4.9% a year. Over the whole period it spent 87% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Marriotts Ridge High School Music Foundation Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within MD. Charities of a similar size with the same main cause include Ignatian Spirituality Center at Saint Thomas More ($71k), Rise Scholastic Achievement ($71k) and Oxford Football Club ($71k).
On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 58% and program service revenue 17% of the total. At year end it held assets of $126k against liabilities of $3,541, net assets of $122k.
Income and spending
Where the income comes from
- Contributions & grants 58%
- Program services 17%
- Other 25%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ignatian Spirituality Center at Saint Thomas More | Saint Paul | $71k |
| Rise Scholastic Achievement | Green Valley | $71k |
| Oxford Football Club | Oxford | $71k |
| Blackcat Foundation Inc | Prestonsburg | $71k |