Society for Maintenance and Reliability Professionals Foundati

Analysis

Society for Maintenance and Reliability Professionals Foundati is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Society for Maintenance and Reliability Professionals Foundati reported income of $82k and spending of $83k, spending 102% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $80k to $82k (+2.6%), an average of +2.6% a year. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Society for Maintenance and Reliability Professionals Foundati sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 16th percentile within DC. Charities of a similar size with the same main cause include Lica Educational Foundation for Veterans ($82k), Lexington-Bluegrass Area Minority Expo Inc ($82k) and Orinda Community Foundation Inc ($82k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 71% and program service revenue 24% of the total. At year end it held assets of $142k against liabilities of $7,883, net assets of $134k.