Maryland New Directions Inc

Analysis

Maryland New Directions Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in June 1975, 51 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Maryland New Directions Inc reported income of $1.9m and spending of $1.4m, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $996k to $1.9m (+91%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 32%. Over the whole period it spent 77% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Maryland New Directions Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within MD. Charities of a similar size with the same main cause include Zion Keepers Inc ($1.9m), Sbarro Health Research Organization Inc ($1.9m) and End Well Foundation ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $149k (10% of expenses). Other salaries and wages came to $702k. At year end it held assets of $3.3m against liabilities of $158k, net assets of $3.2m. It reported 23 employees.