Mardela Band Aides Incorporated

Analysis

Mardela Band Aides Incorporated is a registered charity in United States, based in Salisbury, MD. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Mardela Band Aides Incorporated reported income of $95k and spending of $52k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $103k to $95k (-8.4%), an average of -2.2% a year. The sharpest change came in the year to December 2023, when income rose by 65%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mardela Band Aides Incorporated sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within MD. Charities of a similar size with the same main cause include South Beach Chamber Ensemble Inc ($95k), Na Pualei O Likolehua ($95k) and Civic Ballet of Southern California Inc ($95k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 3.4% of the total. At year end it held assets of $272k against liabilities of $0, net assets of $272k.