Maryland Deaf Community Center - Frederick - Inc

Analysis

Maryland Deaf Community Center - Frederick - Inc is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Deaf Community Center - Frederick - Inc reported income of $242k and spending of $400k, spending 166% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.5m to $242k (-83%), an average of -84% a year. The sharpest change came in the year to December 2023, when income dropped by 83%. Over the whole period it spent 25% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Maryland Deaf Community Center - Frederick - Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within MD. Charities of a similar size with the same main cause include Crescendo Inc ($242k), United States National Comm for the Intl Council on Monuments & Sites ($242k) and Florida Orchestra-North Suncoast Associates ($242k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 22% of the total. At year end it held assets of $2.4m against liabilities of $1.1m, net assets of $1.3m.