Mattawoman Creek Art Center Inc

Analysis

Mattawoman Creek Art Center Inc is a registered charity in United States, based in Marbury, MD. It received its IRS tax-exemption ruling in February 1990, 36 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 December 2023, Mattawoman Creek Art Center Inc reported income of $104k and spending of $84k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $59k to $104k (+77%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mattawoman Creek Art Center Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 39th percentile within MD. Charities of a similar size with the same main cause include Senior Citizens Group of Waverly Inc ($104k), National Network of Abortion Funds ($104k) and Pop Warner Little Scholars Inc ($104k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 35% of the total. Other salaries and wages came to $17k. At year end it held assets of $122k against liabilities of $1,830, net assets of $120k. It reported 1 employees.