Science Fair Competition of Maryland Incorporated

Analysis

Science Fair Competition of Maryland Incorporated is a registered charity in United States, based in Glen Arm, MD. It received its IRS tax-exemption ruling in July 2007, 19 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, Science Fair Competition of Maryland Incorporated reported income of $532k and spending of $531k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $90k to $532k (+494%), an average of +494% a year. The sharpest change came in the year to December 2023, when income rose by 494%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Science Fair Competition of Maryland Incorporated 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 71st percentile, and in the 70th percentile within MD. Charities of a similar size with the same main cause include Overcomers House Inc ($532k), Achievement Lab Enrichment Inc ($532k) and LA Jolla Youth Baseball Association ($532k).

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 $481k. At year end it held assets of $513 against liabilities of $0, net assets of $513.