Maryland Automobile Dealers Association Foundation

Analysis

Maryland Automobile Dealers Association Foundation is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Maryland Automobile Dealers Association Foundation reported income of $63k and spending of $20k, leaving 68% of income unspent that year. The sharpest change came in the year to December 2023, when income rose by 173%. Over the whole period it spent 74% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Maryland Automobile Dealers Association Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within MD. Charities of a similar size with the same main cause include Taylorsville Arts Council ($63k), Junior League of Omaha Foundation Inc ($63k) and Junior League of Asheville Inc ($63k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% of the total. At year end it held assets of $626k against liabilities of $0, net assets of $626k.