The College of Southern Maryland Foundation Inc

Analysis

The College of Southern Maryland Foundation Inc is a registered charity in United States, based in Laplata, MD. It received its IRS tax-exemption ruling in April 1973, 53 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 2023, The College of Southern Maryland Foundation Inc reported income of $1.3m and spending of $1.3m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.3m (+4.7%), an average of +1.2% a year. The sharpest change came in the year to June 2022, when income rose by 55%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The College of Southern Maryland Foundation Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MD. Charities of a similar size with the same main cause include Golden Harvest Inter ($1.3m), Western Technical College Foundation Inc ($1.3m) and Tennessee Chapter of the American Academy of Pediatrics Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% of the total. Other salaries and wages came to $9,152. At year end it held assets of $16.5m against liabilities of $67k, net assets of $16.4m.