Montgomery Blair High School Magnet Foundation Inc

Analysis

Montgomery Blair High School Magnet Foundation Inc is a registered charity in United States, based in Kensington, MD. It received its IRS tax-exemption ruling in November 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 December 2023, Montgomery Blair High School Magnet Foundation Inc reported income of $68k and spending of $69k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $68k (+13%), an average of +13% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montgomery Blair High School Magnet Foundation Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within MD. Charities of a similar size with the same main cause include Arcs Foundation Inc Utah Chapter ($68k), Knoxville Central High School Athletics Foundation ($68k) and Incose Foundation ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $197k against liabilities of $0, net assets of $197k.