On Our Own of Maryland Inc

Analysis

On Our Own of Maryland Inc is a registered charity in United States, based in Elkridge, MD. It received its IRS tax-exemption ruling in May 1994, 32 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 (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, On Our Own of Maryland Inc reported income of $1.3m and spending of $1.2m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.3m (+18%), an average of +4.3% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, On Our Own of Maryland Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MD. Charities of a similar size with the same main cause include Oceanside Soccer Club ($1.3m), Wyoming Governors Residence Foundation ($1.3m) and Learning Lab Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Other salaries and wages came to $471k. At year end it held assets of $1.2m against liabilities of $150k, net assets of $1.0m. It reported 13 employees.