Maryland Legal Services Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 16,869,766 | 17,256,539 | −386,773 | 4.4 | 1% |
| 2012 | 17,216,610 | 18,529,656 | −1,313,046 | 3.2 | 2% |
| 2013 | 18,270,938 | 17,280,894 | 990,044 | 4.4 | 2% |
| 2014 | 17,685,909 | 17,635,611 | 50,298 | 4.9 | 3% |
| 2015 | 19,158,376 | 18,581,583 | 576,793 | 5.0 | 3% |
| 2016 | 23,576,914 | 19,068,033 | 4,508,881 | 7.7 | 3% |
| 2017 | 18,342,084 | 19,853,664 | −1,511,580 | 6.8 | 3% |
| 2018 | 20,719,537 | 18,726,115 | 1,993,422 | 7.3 | 3% |
| 2019 | 23,035,062 | 22,594,339 | 440,723 | 6.3 | 2% |
| 2020 | 22,577,680 | 22,982,806 | −405,126 | 6.1 | 2% |
| 2021 | 23,914,167 | 20,695,611 | 3,218,556 | 9.3 | 3% |
| 2022 | 23,301,829 | 23,404,394 | −102,565 | 7.5 | 2% |
| 2023 | 39,166,208 | 32,774,569 | 6,391,639 | 8.0 | 2% |
In its most recent public year (2023), this organization brought in $6,391,639 more than it spent. Its reserves stood at about 8 months of spending, up from 4.4 in 2011. Staff pay was 2% of spending. $1,568,823 of its net assets are donor-restricted.
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
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