Historic Medley District Inc

Analysis

Historic Medley District Inc is a registered charity in United States, based in Poolesville, MD. It received its IRS tax-exemption ruling in June 1980, 46 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Historic Medley District Inc reported income of $94k and spending of $100k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $62k to $94k (+51%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Historic Medley District Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 36th percentile within MD. Charities of a similar size with the same main cause include Chinese Language School of South Jersey ($94k), Orange County Model Engineers ($94k) and Western Sky Aviation Warbird Museum Inc ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 48% of the total. At year end it held assets of $173k against liabilities of $0, net assets of $173k.