Maryland Choral Society Inc
Analysis
Maryland Choral Society Inc is a registered charity in United States, based in Uppr Marlboro, MD. It received its IRS tax-exemption ruling in January 1978, 48 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2024, Maryland Choral Society Inc reported income of $52k and spending of $55k, spending 106% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $67k to $52k (-22%), an average of -22% a year. The sharpest change came in the year to June 2024, when income dropped by 22%. Over the whole period it spent 91% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Maryland Choral Society Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within MD. Charities of a similar size with the same main cause include Friends of Mountainview Cemetary ($52k), Michigan Fallen Heroes Memorial ($52k) and Museum Associates Inc ($52k).
On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 71% and program service revenue 11% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.
Income and spending
Where the income comes from
- Contributions & grants 71%
- Program services 11%
- Other 18%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Friends of Mountainview Cemetary | Oakland | $52k |
| Michigan Fallen Heroes Memorial | Pontiac | $52k |
| Museum Associates Inc | Columbia | $52k |
| Scottish Rite Masonic Center | Denver | $52k |