Cash Campaign of Maryland Inc

Analysis

Cash Campaign of Maryland Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in August 2017, 9 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, Cash Campaign of Maryland Inc reported income of $5.6m and spending of $5.3m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $5.6m (+203%), an average of +32% a year. The sharpest change came in the year to June 2023, when income rose by 84%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cash Campaign of Maryland Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within MD. Charities of a similar size with the same main cause include Mina Charter School of Lee County Inc ($5.6m), St Vincent de Paul Society District Council of Green Bay ($5.6m) and Volunteer Way Inc ($5.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $248k (4.7% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.7m against liabilities of $555k, net assets of $2.2m. It reported 54 employees.