Natural History Society of Maryland Inc

Analysis

Natural History Society of Maryland Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in May 1977, 49 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, Natural History Society of Maryland Inc reported income of $523k and spending of $188k, leaving 64% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $102k to $523k (+412%), an average of +50% a year. The sharpest change came in the year to June 2022, when income rose by 534%. Over the whole period it spent 41% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Natural History Society of Maryland Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within MD. Charities of a similar size with the same main cause include Well Spirituality Center ($523k), Hospital Hospitality House of Southwest Michigan Inc ($523k) and First Priority of Alabama Inc ($523k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $6,800 (3.6% of expenses). Other salaries and wages came to $95k. At year end it held assets of $1.5m against liabilities of $12k, net assets of $1.5m. It reported 7 employees.