Maryland Kenyans Organization

Analysis

Maryland Kenyans Organization is a registered charity in United States, based in Rosedale, MD. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2024, Maryland Kenyans Organization reported income of $915k and spending of $668k, leaving 27% of income unspent that year. Across the 4 years on record, from June 2021 to June 2024, income grew from $471k to $915k (+94%), an average of +25% a year. The sharpest change came in the year to June 2022, when income rose by 43%. Over the whole period it spent 83% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Maryland Kenyans Organization sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within MD. Charities of a similar size with the same main cause include SB Works ($915k), KLCC Public Radio Foundation ($915k) and Greater Franklin Development Council ($914k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $641k against liabilities of $0, net assets of $641k.