Leadership Maryland Inc

Analysis

Leadership Maryland Inc is a registered charity in United States, based in Easton, MD. It received its IRS tax-exemption ruling in February 1993, 33 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Leadership Maryland Inc reported income of $1.0m and spending of $1.3m, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $1.0m (-7.6%), an average of -2.0% a year. The sharpest change came in the year to December 2021, when income rose by 170%. Over the whole period it spent 115% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Leadership Maryland Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MD. Charities of a similar size with the same main cause include Alaska Pacific University Foundation Inc ($1.0m), Survival Adults Abuse Center Inc ($1.0m) and Youth Service Bureau ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 59% of the total. Other salaries and wages came to $497k. At year end it held assets of $3.3m against liabilities of $332k, net assets of $3.0m. It reported 51 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.