Maryland Foster Parent Association Inc

Analysis

Maryland Foster Parent Association Inc is a registered charity in United States, based in Owings, MD. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Maryland Foster Parent Association Inc reported income of $137k and spending of $135k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $181k to $137k (-24%), an average of -6.8% a year. The sharpest change came in the year to June 2020, when income dropped by 41%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Maryland Foster Parent Association Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within MD. Charities of a similar size with the same main cause include The Interfaith Community Dire Emergency Fund ($137k), Cutting Fences Foundation ($137k) and Cara Estates Inc ($137k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $49k (36% of expenses). At year end it held assets of $124k against liabilities of $43k, net assets of $81k. It reported 1 employees.