Ronny Maher Memorial

Analysis

Ronny Maher Memorial is a registered charity in United States, based in Monkton, MD. It received its IRS tax-exemption ruling in September 2013, 13 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Ronny Maher Memorial reported income of $103k and spending of $102k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $88k to $103k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ronny Maher Memorial sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 39th percentile within MD. Charities of a similar size with the same main cause include NJ Fed of Mont Womens Club Inc ($103k), Rotary Club of Baytown Foundation Inc ($103k) and Sunrise Rotary Foundation ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $4,943 against liabilities of $0, net assets of $4,943.