Symbral Foundation for Community Services Inc

Analysis

Symbral Foundation for Community Services Inc is a registered charity in United States, based in Calverton, MD. It received its IRS tax-exemption ruling in February 1986, 40 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Symbral Foundation for Community Services Inc reported income of $10.2m and spending of $9.4m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.6m to $10.2m (+35%), an average of +7.8% a year. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Symbral Foundation for Community Services 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 95th percentile, and in the 94th percentile within MD. Charities of a similar size with the same main cause include Family & Childrens Center ($10.2m), Community Resource Center ($10.2m) and Catholic Charities West Virginia Inc ($10.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $367k (3.9% of expenses). Other salaries and wages came to $5.2m. At year end it held assets of $8.2m against liabilities of $1.1m, net assets of $7.0m. It reported 202 employees.