On Our Own of Montgomery County Inc

Analysis

On Our Own of Montgomery County Inc is a registered charity in United States, based in Germantown, MD. It received its IRS tax-exemption ruling in May 1985, 41 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 2021, On Our Own of Montgomery County Inc reported income of $82k and spending of $44k, leaving 47% of income unspent that year. Across the 3 years on record, from June 2019 to June 2021, income fell from $258k to $82k (-68%), an average of -44% a year. The sharpest change came in the year to June 2021, when income dropped by 56%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, On Our Own of Montgomery County Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within MD. Charities of a similar size with the same main cause include Church Works Media Inc ($82k), PTA California Congress of Parents Teachers & Students Inc ($82k) and Louisiana 4-H Foundation ($82k).

On its Form 990 for the period ending June 2021, revenue came from contributions and grants 23% of the total. Compensation of current officers, directors and key employees was $840 (1.9% of expenses). Other salaries and wages came to $1,381. At year end it held assets of $56k against liabilities of $65, net assets of $56k. It reported 14 employees.