Maryland Forestry Boards Foundation Inc

Analysis

Maryland Forestry Boards Foundation Inc is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in October 1990, 36 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 December 2023, Maryland Forestry Boards Foundation Inc reported income of $1.4m and spending of $1.4m, spending 103% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $710k to $1.4m (+97%), an average of +25% a year. The sharpest change came in the year to December 2022, when income rose by 58%. Over the whole period it spent 100% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Maryland Forestry Boards Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MD. Charities of a similar size with the same main cause include South Dakota Association of Conservations Districts Inc ($1.4m), Association of Clean Water Administrators ($1.4m) and Environmentalism Through Inspiration & Non Violent Action ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.9% of the total. At year end it held assets of $86k against liabilities of $0, net assets of $86k.