Make-A-Wish Foundation of the Mid-Atlantic Inc

Analysis

Make-A-Wish Foundation of the Mid-Atlantic Inc is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in September 1983, 43 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 August 2023, Make-A-Wish Foundation of the Mid-Atlantic Inc reported income of $7.3m and spending of $7.5m, spending 102% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $6.5m to $7.3m (+12%), an average of +3.0% a year. The sharpest change came in the year to August 2022, when income rose by 54%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Make-A-Wish Foundation of the Mid-Atlantic Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MD. Charities of a similar size with the same main cause include Mount Carmel Home Keens Memorial ($7.3m), Youth on Course ($7.3m) and Missoula Developmental Service Corporation ($7.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $555k (7.4% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $8.5m against liabilities of $2.8m, net assets of $5.8m. It reported 29 employees.