Montgomery County Maryland Bar Foundation Inc

Analysis

Montgomery County Maryland Bar Foundation Inc is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in March 1983, 43 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Montgomery County Maryland Bar Foundation Inc reported income of $1.1m and spending of $1.1m, spending 103% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $817k to $1.1m (+32%), an average of +9.6% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 103% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Montgomery County Maryland Bar Foundation Inc sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MD. Charities of a similar size with the same main cause include Pets Helping People ($1.1m), Trans Queer Pueblo - Semilla de Liberacion ($1.1m) and Heart of Missouri Casa ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 21% of the total. Other salaries and wages came to $230k. At year end it held assets of $1.6m against liabilities of $122k, net assets of $1.5m. It reported 10 employees.