Southern Maryland Youth Organization Inc

Analysis

Southern Maryland Youth Organization Inc is a registered charity in United States, based in Pomfret, MD. It received its IRS tax-exemption ruling in May 1977, 49 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Southern Maryland Youth Organization Inc reported income of $367k and spending of $312k, spending 85% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $231k to $367k (+58%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southern Maryland Youth Organization Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within MD. Charities of a similar size with the same main cause include Independent Apartments Inc ($367k), Town Players of New Canaan Inc ($367k) and Maryland Black Caucus Foundation Inc ($367k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.9% and program service revenue 81% of the total. At year end it held assets of $248k against liabilities of $0, net assets of $248k.