Maryland Club Preservation Foundation Inc

Analysis

Maryland Club Preservation Foundation Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in January 2001, 25 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Maryland Club Preservation Foundation Inc reported income of $142k and spending of $11k, leaving 92% of income unspent that year. Across the 5 years on record, from March 2019 to March 2023, income fell from $192k to $142k (-26%), an average of -7.2% a year. The sharpest change came in the year to March 2022, when income rose by 149%. Over the whole period it spent 182% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Maryland Club Preservation Foundation Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within MD. Charities of a similar size with the same main cause include Yates County Genealogical and Historical Society ($142k), West Virginia Music Hall of Fame Inc ($142k) and Cappella Performing Arts Center ($142k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $269k against liabilities of $9,500, net assets of $259k.