The Maryland Workers Compensation Educational Association Inc

Analysis

The Maryland Workers Compensation Educational Association Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 1989, 37 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, The Maryland Workers Compensation Educational Association Inc reported income of $159k and spending of $212k, spending 133% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $273k to $159k (-42%), an average of -16% a year. The sharpest change came in the year to December 2021, when income rose by 116%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Maryland Workers Compensation Educational Association Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 26th percentile within DC. Charities of a similar size with the same main cause include Hawk Migration Association ($159k), Students Standing Strong ($159k) and Bridge to Leadership Inc ($159k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 6.4% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $34k (16% of expenses). At year end it held assets of $31k against liabilities of $0, net assets of $31k.