Misaskim of Maryland Inc

Analysis

Misaskim of Maryland Inc is a registered charity in United States, based in Pikesville, MD. It received its IRS tax-exemption ruling in February 2018, 8 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, Misaskim of Maryland Inc reported income of $101k and spending of $66k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $77k to $101k (+31%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Misaskim of Maryland Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 38th percentile within MD. Charities of a similar size with the same main cause include Hype Addiction Booster Club ($101k), Special Connections of Grundy County ($101k) and South County Community Food Bank ($101k).

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 $224k against liabilities of $4,319, net assets of $220k.