Oic of Anne Arundel County Inc

Analysis

Oic of Anne Arundel County Inc is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in February 1982, 44 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 2024, Oic of Anne Arundel County Inc reported income of $223k and spending of $191k, spending 86% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $152k to $223k (+47%), an average of +47% a year. The sharpest change came in the year to June 2024, when income rose by 47%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oic of Anne Arundel County Inc sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within MD. Charities of a similar size with the same main cause include Morgantown Hockey Association Incorporated ($223k), PTA California Congress of Parents Teachers and Students Inc ($223k) and Friends of the Museum of Printing Inc the ($223k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $66k (35% of expenses). At year end it held assets of $34k against liabilities of $11k, net assets of $23k. It reported 1 employees.