The Maryland School for the Deaf Foundation Inc

Analysis

The Maryland School for the Deaf Foundation Inc is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in November 1988, 38 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 2023, The Maryland School for the Deaf Foundation Inc reported income of $55k and spending of $95k, spending 172% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $155k to $55k (-64%), an average of -23% a year. The sharpest change came in the year to June 2021, when income rose by 76%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Maryland School for the Deaf Foundation Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within MD. Charities of a similar size with the same main cause include Schaumburg Park Foundation ($55k), The Cardinal Quarterback Club Inc ($55k) and Islamic Education Center of Tampa Inc ($55k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 35% of the total. At year end it held assets of $1.7m against liabilities of $2,000, net assets of $1.7m.