De-Dc-Md Assoc of Student Financial Aid Administrators Inc

Analysis

De-Dc-Md Assoc of Student Financial Aid Administrators Inc is a registered charity in United States, based in Savage, MD. It received its IRS tax-exemption ruling in June 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, De-Dc-Md Assoc of Student Financial Aid Administrators Inc reported income of $72k and spending of $102k, spending 142% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $7,018 to $72k (+921%), an average of +922% a year. The sharpest change came in the year to June 2023, when income rose by 921%. Over the whole period it spent 177% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, De-Dc-Md Assoc of Student Financial Aid Administrators 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 28th percentile, and in the 30th percentile within MD. Charities of a similar size with the same main cause include Viva Learning Community ($72k), Persian American Cultural Society Inc ($72k) and Childrens Choice Preschool-Mcdowell Elementary Parent Support Group ($72k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 1.6% and program service revenue 87% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k.