Mizmaryland Inc

Analysis

Mizmaryland Inc is a registered charity in United States, based in Chestertown, MD. It received its IRS tax-exemption ruling in May 2019, 7 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 December 2023, Mizmaryland Inc reported income of $119k and spending of $143k, spending 120% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income grew from $9,273 to $119k (+1184%), an average of +258% a year. The sharpest change came in the year to December 2023, when income rose by 3026%. Over the whole period it spent 150% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mizmaryland Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within MD. Charities of a similar size with the same main cause include Hope for Her International ($119k), Fish of Clarke County Inc ($119k) and Child Empowerment International ($119k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.