Mid-Shore Community Foundation Inc

Analysis

Mid-Shore Community Foundation Inc is a registered charity in United States, based in Easton, MD. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Mid-Shore Community Foundation Inc reported income of $13.0m and spending of $8.7m, leaving 33% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.1m to $13.0m (+61%), an average of +13% a year. The sharpest change came in the year to June 2020, when income rose by 53%. Over the whole period it spent 60% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mid-Shore Community Foundation Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MD. Charities of a similar size with the same main cause include Fifth Third Charitable Gift Fund ($13.0m), United Way of the Midlands ($13.1m) and Peter E Haas Jr Family Fund ($13.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% of the total. Other salaries and wages came to $458k. At year end it held assets of $122.9m against liabilities of $10.8m, net assets of $112.0m. It reported 6 employees.