Annapolis Dragon Boat Foundation Inc

Analysis

Annapolis Dragon Boat Foundation Inc is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in March 2011, 15 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Annapolis Dragon Boat Foundation Inc reported income of $91k and spending of $76k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $91k (+4.7%), an average of +4.7% a year. Over the whole period it spent 76% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Annapolis Dragon Boat Foundation Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within MD. Charities of a similar size with the same main cause include Willow Ridge Therapeutic Facility Inc ($91k), Cardiovascular & Imaging Research Foundation of Ny ($91k) and Todd K Delaney Memorial Foundation ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 1.4% of the total. At year end it held assets of $184k against liabilities of $0, net assets of $184k.