Overview
What is Maryland State Council Charity Fund Inc?
Maryland State Council Charity Fund Inc is a nonprofit organization based in Bowie, Maryland, with a primary focus on offering financial assistance to individuals in temporary urgent need. This charity program granted a total of $17,062.2 between July 1, 2021, and June 30, 2022. Additionally, the organization has a scholarship program aimed at supporting students attending Catholic high schools in the Maryland jurisdiction, although no tuition assistance was provided during the specified period. Lastly, the Maryland State Council Charity Fund Inc administers an ultrasound program that provides funding for crisis pregnancy centers within the Maryland jurisdiction, but no such funds were granted between July 1, 2021, and June 30, 2022.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Stars)
Maryland State Council Charity Fund Inc has earned a Three-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. The overall score is based entirely on the accountability and finance beacon, with an impressive score of 87%. This rating indicates responsible financial management and transparency within the organization.
The charity demonstrates several organizational strengths, including a fully independent board with 100% of its members being independent. Additionally, the organization exhibits no material diversion of assets and maintains a robust conflict of interest policy. Their program expense ratio is exceptional, with 100% of expenses directed toward programs, showcasing a commitment to their mission.
While the organization has notable strengths, it is important for potential donors to consider the context of the rating. The score is based on a single beacon, which means that while accountability and finance are addressed, other factors such as impact and program outcomes are not included in this assessment. This limitation suggests that while the financials are strong, interested parties should seek further information regarding the organization's overall effectiveness and impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Maryland State Council Charity Fund Inc legitimate?
Maryland State Council Charity Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maryland State Council Charity Fund Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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What is the mission statement of Maryland State Council Charity Fund Inc?
The Maryland State Council Charity Fund Inc, as part of its mission, aims to offer financial assistance to individuals in need. This assistance is provided through three primary programs: a charity program for immediate financial aid, a scholarship program for Catholic high school students, and an ultrasound program that supports crisis pregnancy centers by providing ultrasound equipment. While tuition assistance was not granted in the recent period, a total of $17,062.2 was granted for charitable purposes between July 1, 2021, and June 30, 2022. Unfortunately, no funds were allocated for the ultrasound program during the same period.
Who is the CEO of Maryland State Council Charity Fund Inc?
Unavailable
What is the revenue of Maryland State Council Charity Fund Inc?
Maryland State Council Charity Fund Inc's revenue in 2022 was $41,329.
Who are the executives of Maryland State Council Charity Fund Inc and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for Maryland State Council Charity Fund Inc?
Maryland State Council Charity Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Maryland State Council Charity Fund Inc
Maryland State Council Charity Fund Inc, as its mission statement suggests, is dedicated to offering financial aid to individuals in need. To fulfill this objective, the charity fund operates and manages three distinct programs. The first of these initiatives is a charity program, which provides monetary assistance to individuals who find themselves in temporary, urgent financial predicaments. Although the specific amount granted between July 1, 2021, and June 30, 2022, was not provided, it is evident that the charity fund has a history of providing such assistance.
The second program managed by Maryland State Council Charity Fund Inc is a scholarship program, aimed at offering tuition assistance to students enrolled in Catholic high schools within the Maryland jurisdiction. However, no tuition assistance was provided between July 1, 2021, and June 30, 2022.
Lastly, the charity fund operates an ultrasound program, which provides funding to purchase ultrasound equipment for crisis pregnancy centers located within the Maryland jurisdiction. Unfortunately, no such funds were granted between July 1, 2021, and June 30, 2022.
In summary, Maryland State Council Charity Fund Inc is a nonprofit organization that focuses on providing financial assistance to individuals in need. It operates three primary programs, including a charity program, a scholarship program, and an ultrasound program. The charity program offers temporary financial aid to individuals in urgent situations, while the scholarship program aims to support students attending Catholic high schools within Maryland. Lastly, the ultrasound program provides crisis pregnancy centers with funding to purchase ultrasound equipment.
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Impact
August, 2024
Maryland State Council Charity Fund Inc's impact includes providing financial assistance to individuals in temporary urgent need through its charity program. In the fiscal year between 7/1/2021 and 6/30/2022, a total of $17,062 was granted to support those facing critical circumstances. Additionally, the organization operates a scholarship program that offers tuition assistance to students attending Catholic high schools in Maryland, although no grants were given during the same period. Moreover, the charity fund supports crisis pregnancy centers in Maryland by providing funding for the purchase of ultrasound equipment. While no funds were granted for this purpose in the mentioned fiscal year, these initiatives collectively contribute to the organization's mission of aiding individuals and improving the community.
This information is meant to be a general summary of Maryland State Council Charity Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $9,653
- Gross Receipts: $41,329
Assets and Liabilities:
- Total Assets: $608,647
- Total Liabilities: $0
- Net Assets: $608,647
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Organization Details
Founding Year
1984
Main Address
PO Box 1468, Bowie, MD, 20717
NTEE Category
Code: S82Z - Community improvement
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