Maryland Alliance of Public Charter Schools Inc

Analysis

Maryland Alliance of Public Charter Schools Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in December 2001, 25 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Maryland Alliance of Public Charter Schools Inc reported income of $534k and spending of $494k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $400k to $534k (+34%), an average of +7.5% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Maryland Alliance of Public Charter Schools Inc sits at the 68th percentile: it is larger than about 68% 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 Wall Street Bound ($534k), University of Orange a NJ Nonprofit Corporation ($534k) and Greens Do Good Reed ($534k).

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 $288k. At year end it held assets of $411k against liabilities of $7,396, net assets of $403k. It reported 4 employees.