Southern Maryland Youth Home

Analysis

Southern Maryland Youth Home is a registered charity in United States, based in LA Plata, MD. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Southern Maryland Youth Home reported income of $1.1m and spending of $1.2m, spending 105% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $1.0m to $1.1m (+11%), an average of +5.4% a year. Over the whole period it spent 102% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Southern Maryland Youth Home sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MD. Charities of a similar size with the same main cause include Nesivos Inc ($1.1m), Blackstone Valley Boys & Girls Club Inc ($1.1m) and Shepherds of Youth Charitable Trust ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $157k (13% of expenses). Other salaries and wages came to $409k. At year end it held assets of $83k against liabilities of $109k, net assets of -$26k. It reported 25 employees.