Maryland Diaper Bank

Analysis

Maryland Diaper Bank is a registered charity in United States, based in Waldorf, MD. It received its IRS tax-exemption ruling in February 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, Maryland Diaper Bank reported income of $253k and spending of $160k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $253k (+371%), an average of +372% a year. The sharpest change came in the year to December 2023, when income rose by 371%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Maryland Diaper Bank sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within MD. Charities of a similar size with the same main cause include Project Giveback Community Service Organization ($253k), Edtogether ($253k) and Clarkson Christian Daycare Foundation ($253k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $6,750 (4.2% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0.