Baptist Foundation of Maryland Delaware Inc

Analysis

Baptist Foundation of Maryland Delaware Inc is a registered charity in United States, based in Crownsville, MD. It received its IRS tax-exemption ruling in April 1992, 34 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Baptist Foundation of Maryland Delaware Inc reported income of $528k and spending of $852k, spending 161% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.3m to $528k (-59%), an average of -20% a year. The sharpest change came in the year to September 2021, when income rose by 66%. Over the whole period it spent 71% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Baptist Foundation of Maryland Delaware Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within MD. Charities of a similar size with the same main cause include Colorado Vincentian Volunteers ($528k), True North Ministries Inc ($528k) and One Hope ($528k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 35% and program service revenue 24% of the total. At year end it held assets of $12.4m against liabilities of $121k, net assets of $12.3m.