Maryland Rural Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,288,896 | 4,338,259 | −49,363 | 1.0 | 54% |
| 2012 | 4,334,784 | 4,369,791 | −35,007 | 0.9 | 55% |
| 2014 | 4,293,598 | 4,162,113 | 131,485 | 1.3 | 50% |
| 2015 | 4,194,180 | 4,162,123 | 32,057 | 1.4 | 51% |
| 2016 | 4,310,693 | 4,336,075 | −25,382 | 1.3 | 52% |
| 2017 | 5,388,206 | 5,351,416 | 36,790 | 1.1 | 52% |
| 2018 | 6,024,912 | 5,884,026 | 140,886 | 1.3 | 54% |
| 2019 | 6,896,335 | 6,535,133 | 361,202 | 1.8 | 55% |
| 2020 | 8,053,022 | 7,576,925 | 476,097 | 2.3 | 58% |
| 2021 | 9,297,615 | 9,324,623 | −27,008 | 1.9 | 44% |
| 2022 | 9,659,102 | 9,860,176 | −201,074 | 1.5 | 45% |
| 2023 | 8,646,286 | 8,709,999 | −63,713 | 1.6 | 52% |
In its most recent public year (2023), this organization spent $63,713 more than it brought in. Its reserves stood at about 1.6 months of spending. Staff pay was 52% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Maryland Rural Development Corporation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works