Mar-Lu-Ridge Conference and Educational Center

Analysis

Mar-Lu-Ridge Conference and Educational Center is a registered charity in United States, based in Jefferson, MD. It received its IRS tax-exemption ruling in April 1988, 38 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mar-Lu-Ridge Conference and Educational Center reported income of $974k and spending of $909k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $974k (-9.1%), an average of -2.4% a year. The sharpest change came in the year to December 2021, when income rose by 132%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mar-Lu-Ridge Conference and Educational Center sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MD. Charities of a similar size with the same main cause include Southern New Hampshire University Student Government Association ($974k), J H Wade TR for Cleveland Museum of Art ($974k) and Boy Scouts of America ($974k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $79k (8.7% of expenses). Other salaries and wages came to $219k. At year end it held assets of $1.8m against liabilities of $215k, net assets of $1.6m. It reported 41 employees.