MSBC Five Star Program Inc

Analysis

MSBC Five Star Program Inc is a registered charity in United States, based in Gwynn Oak, MD. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, MSBC Five Star Program Inc reported income of $628k and spending of $291k, leaving 54% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income fell from $719k to $628k (-13%), an average of -2.7% a year. The sharpest change came in the year to December 2021, when income rose by 139%. Over the whole period it spent 43% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, MSBC Five Star Program Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MD. Charities of a similar size with the same main cause include Tuskegee Next Foundation ($628k), Southwest Indiana Child Advocacy Center Coalition Inc ($628k) and Utah Youth Soccer Incorporated ($627k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. Other salaries and wages came to $153k. At year end it held assets of $5.5m against liabilities of $3.6m, net assets of $1.9m. It reported 12 employees.