United Presbyterian Ministries of Maryland Inc

Analysis

United Presbyterian Ministries of Maryland Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in February 1966, 60 years ago. 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, United Presbyterian Ministries of Maryland Inc reported income of $171k and spending of $33k, leaving 80% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $516k to $171k (-67%), an average of -24% a year. The sharpest change came in the year to December 2021, when income dropped by 65%. Over the whole period it spent 9.6% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United Presbyterian Ministries of Maryland Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within MD. Charities of a similar size with the same main cause include Spencer Community of Hope Incorporation ($171k), Macomb Foundation ($171k) and Little League Baseball Inc ($171k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 62% of the total. At year end it held assets of $21.2m against liabilities of $4.8m, net assets of $16.4m.