Maryland Association of Non-Profit Organizations Inc

Analysis

Maryland Association of Non-Profit Organizations Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in March 1992, 34 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Maryland Association of Non-Profit Organizations Inc reported income of $5.9m and spending of $5.3m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $5.9m (+202%), an average of +32% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Maryland Association of Non-Profit Organizations Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MD. Charities of a similar size with the same main cause include Lark Enterprises Inc ($5.9m), Texas Economic Development Corporation ($5.9m) and Southern Workforce Board Incorporated ($5.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $753k (14% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $2.4m against liabilities of $913k, net assets of $1.5m. It reported 39 employees.