Maryland Baptist Aged Home of the United Baptist Missionary Conven-
Analysis
Maryland Baptist Aged Home of the United Baptist Missionary Conven- is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in September 1984, 42 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 February 2023, Maryland Baptist Aged Home of the United Baptist Missionary Conven- reported income of $2.3m and spending of $2.4m, spending 104% of its income. Across the 5 years on record, from February 2019 to February 2023, income grew from $2.0m to $2.3m (+12%), an average of +2.9% a year. Over the whole period it spent 99% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Maryland Baptist Aged Home of the United Baptist Missionary Conven- sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MD. Charities of a similar size with the same main cause include Angels and Sparrows Soup Kitchen Inc ($2.3m), Awake Ministries ($2.3m) and Hope Heals ($2.3m).
On its Form 990 for the period ending February 2023, revenue came from contributions and grants 3.9% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $206k (8.7% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $413k against liabilities of $188k, net assets of $225k. It reported 62 employees.
Income and spending
Where the income comes from
- Contributions & grants 3.9%
- Program services 96%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Angels and Sparrows Soup Kitchen Inc | Huntersville | $2.3m |
| Awake Ministries | Shelbyville | $2.3m |
| Hope Heals | Atlanta | $2.3m |
| Paving the Way Multi Service Institute | Washington | $2.3m |