Mid Atlantic Conference of Regulatory Utilities Comm Inc

Analysis

Mid Atlantic Conference of Regulatory Utilities Comm Inc is a registered charity in United States, based in Chevy Chase, MD. It received its IRS tax-exemption ruling in February 1998, 28 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, Mid Atlantic Conference of Regulatory Utilities Comm Inc reported income of $340k and spending of $271k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $197k to $340k (+72%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 124%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mid Atlantic Conference of Regulatory Utilities Comm Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within MD. Charities of a similar size with the same main cause include Little League Baseball Inc ($340k), Oceanography Society ($340k) and Book-It Repertory Theatre ($340k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. At year end it held assets of $535k against liabilities of $0, net assets of $535k.