Maryland United FC

Analysis

Maryland United FC is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Maryland United FC reported income of $3.4m and spending of $3.2m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $3.4m (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Maryland United FC sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MD. Charities of a similar size with the same main cause include Outdoors for All Foundation ($3.4m), Three & Two Baseball Club of Johnson County Inc ($3.4m) and Philadelphia Soccer 2026 ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 93% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $1.8m against liabilities of $350k, net assets of $1.5m. It reported 45 employees.