Navy-Marine Corps Regional Training Center

Analysis

Navy-Marine Corps Regional Training Center is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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, Navy-Marine Corps Regional Training Center reported income of $1.6m and spending of $153k, leaving 90% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income grew from $140k to $1.6m (+1044%), an average of +238% a year. The sharpest change came in the year to December 2023, when income rose by 1246%. Over the whole period it spent 20% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Navy-Marine Corps Regional Training Center sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MD. Charities of a similar size with the same main cause include Marcellus Ambulance Volunteer Emergency Services Inc ($1.6m), Palmetto Animal League ($1.6m) and Auditory Verbal Center Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.