Maryland Child Care Association Inc

Analysis

Maryland Child Care Association Inc is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in December 1985, 41 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Maryland Child Care Association Inc reported income of $609k and spending of $605k, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $236k to $609k (+158%), an average of +27% a year. The sharpest change came in the year to June 2024, when income rose by 45%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Maryland Child Care Association Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MD. Charities of a similar size with the same main cause include Food for Soul Inc ($609k), Womens Leadership Institute of Utah ($609k) and Small Steps Incorporated ($609k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 33% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $102k (17% of expenses). At year end it held assets of $122k against liabilities of $52k, net assets of $69k. It reported 1 employees.