Southern Maryland Center for Independent Living Inc

Analysis

Southern Maryland Center for Independent Living Inc is a registered charity in United States, based in Mechanicsville, MD. It received its IRS tax-exemption ruling in December 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Southern Maryland Center for Independent Living Inc reported income of $512k and spending of $530k, spending 103% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $401k to $512k (+28%), an average of +6.3% a year. The sharpest change came in the year to September 2023, when income rose by 15%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Southern Maryland Center for Independent Living Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within MD. Charities of a similar size with the same main cause include Foster Progress ($512k), Houston Professional Fire Fighters Association Charitable Foundation ($512k) and Womens Fund of Hawaii ($512k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $66k (12% of expenses). Other salaries and wages came to $200k. At year end it held assets of $138k against liabilities of $103k, net assets of $35k. It reported 8 employees.