The Maryland Steam Historical Society Inc

Analysis

The Maryland Steam Historical Society Inc is a registered charity in United States, based in Hampstead, MD. It received its IRS tax-exemption ruling in May 1993, 33 years ago. 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, The Maryland Steam Historical Society Inc reported income of $101k and spending of $77k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $101k (+3.6%), an average of +3.6% a year. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Maryland Steam Historical Society Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within MD. Charities of a similar size with the same main cause include Finger Lakes Treasure Trove Inc ($101k), Pioneer Historical Society of Bed Ford County Inc ($101k) and Junior Service League of Lagrange Inc ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 79% of the total. At year end it held assets of $130k against liabilities of $0, net assets of $130k.