Associated Charities of Cumberland Inc

Analysis

Associated Charities of Cumberland Inc is a registered charity in United States, based in Cumberland, MD. It received its IRS tax-exemption ruling in May 1958, 68 years ago. 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 June 2023, Associated Charities of Cumberland Inc reported income of $197k and spending of $210k, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $233k to $197k (-16%), an average of -4.1% a year. The sharpest change came in the year to June 2021, when income rose by 60%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Associated Charities of Cumberland Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within MD. Charities of a similar size with the same main cause include Sunday Dinner with a Twist ($197k), Milton Historical Society ($197k) and Hinesburg Community Resource Center Inc ($197k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $57k (27% of expenses). At year end it held assets of $79k against liabilities of $1,346, net assets of $77k. It reported 3 employees.