Maryland Consumer Rights Coalition Inc
Analysis
Maryland Consumer Rights Coalition Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in February 2001, 25 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 December 2023, Maryland Consumer Rights Coalition Inc reported income of $1.0m and spending of $1.2m, spending 118% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $708k to $1.0m (+45%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 107%. Over the whole period it spent 106% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Maryland Consumer Rights Coalition 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 79th percentile, and in the 79th percentile within MD. Charities of a similar size with the same main cause include International Language Institute of Ma Inc ($1.0m), Raaz Associates Inc ($1.0m) and Lexington-Bell Center ($1.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $670k. At year end it held assets of $290k against liabilities of $16k, net assets of $274k. It reported 12 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.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| International Language Institute of Ma Inc | Northampton | $1.0m |
| Raaz Associates Inc | Sugar Land | $1.0m |
| Lexington-Bell Center | Cleveland | $1.0m |
| The Learning Alliance Foundation Inc | Vero Beach | $1.0m |