Transportation Association of Maryland Inc

Analysis

Transportation Association of Maryland Inc is a registered charity in United States, based in Ellicott City, MD. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Transportation Association of Maryland Inc reported income of $500k and spending of $492k, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $382k to $500k (+31%), an average of +7.0% a year. The sharpest change came in the year to June 2022, when income rose by 47%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Transportation Association of Maryland 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 70th percentile, and in the 69th percentile within MD. Charities of a similar size with the same main cause include Commercial Real Estate Development Association Research Foundation ($500k), Luis Fonsi Foundation Inc ($500k) and Bamah Inc ($500k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $77k (16% of expenses). Other salaries and wages came to $48k. At year end it held assets of $358k against liabilities of $225k, net assets of $133k. It reported 3 employees.