Maryland Bible Society
EIN: 520623167 · Towson, MD · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $482K |
| Total Expenses | $141K |
| Net Assets | $231K |
Is Maryland Bible Society Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Maryland Bible Society
Maryland Bible Society (EIN: 520623167) is a nonprofit organization based in Towson, MD, classified under NTEE code X20. The organization reported total revenue of $482K and total assets of $532K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maryland Bible Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maryland Bible Society is a small nonprofit that has been operating for 15 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $55K |
| Total Expenses | $141K |
| Surplus / Deficit | $-86,073 |
| Total Assets | $313K |
| Total Liabilities | $82K |
| Net Assets | $231K |
| Operating Margin | -155.6% |
| Debt-to-Asset Ratio | 26.1% |
| Months of Reserves | 26.5 months |
Financial Health Grade: B
In 2023, Maryland Bible Society reported a deficit of $86K with expenses exceeding revenue, holds 26.5 months of operating reserves (strong position), has a debt-to-asset ratio of 26.1% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Maryland Bible Society's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -74.5% | -8.5% | -30.6% |
| 2022 | +196.2% | -1.6% | -13.8% |
| 2021 | -57.9% | -30.6% | +5.6% |
| 2020 | +70.0% | -8.8% | -27.3% |
| 2019 | -10.6% | -1.3% | -17.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Maryland Bible Society has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Maryland Bible Society with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $86K, with expenses exceeding revenue.
- Debt-to-asset ratio: 26.1%.
Frequently Asked Questions about Maryland Bible Society
Is Maryland Bible Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Maryland Bible Society (EIN: 520623167) insufficient data. 0 red flags identified, 0 strengths noted.
How does Maryland Bible Society spend its money?
Detailed spending breakdown data is not yet available for Maryland Bible Society. Check back for updated IRS 990 analysis.
Are donations to Maryland Bible Society tax-deductible?
Maryland Bible Society is registered as a tax-exempt nonprofit (EIN: 520623167). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Maryland Bible Society located?
Maryland Bible Society is headquartered in Towson, Maryland and files with the IRS under EIN 520623167. It is classified under NTEE code X20.
How many years of IRS 990 filings does Maryland Bible Society have?
Maryland Bible Society has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $482K in total revenue.
Filing History
IRS 990 filing history for Maryland Bible Society showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Maryland Bible Society's revenue has grown by 68.2%, moving from $33K to $55K. Total assets decreased by 83.3% over the same period, from $1.9M to $313K. Total functional expenses fell by 73.1%, from $525K to $141K. In its most recent filing year (2023), Maryland Bible Society reported a deficit of $86K, with expenses exceeding revenue. The organization holds $82K in liabilities against $313K in assets (debt-to-asset ratio: 26.1%), resulting in net assets of $231K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $55K | $141K | $313K | $82K | — | View 990 |
| 2022 | $217K | $154K | $450K | $85K | — | View 990 |
| 2021 | $73K | $157K | $523K | $94K | — | View 990 |
| 2020 | $174K | $226K | $495K | $106K | — | View 990 |
| 2019 | $102K | $248K | $680K | $89K | — | View 990 |
| 2018 | $115K | $251K | $824K | $94K | — | View 990 |
| 2017 | $149K | $270K | $967K | $95K | — | View 990 |
| 2016 | $122K | $393K | $1.1M | $116K | — | View 990 |
| 2015 | $149K | $395K | $1.5M | $117K | — | View 990 |
| 2014 | $179K | $421K | $1.8M | $116K | — | View 990 |
| 2013 | $399K | $409K | $2.0M | $135K | — | View 990 |
| 2012 | $33K | $525K | $1.9M | $121K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $55K, expenses of $141K, and assets of $313K (revenue -74.5% year-over-year).
- 2022: Revenue of $217K, expenses of $154K, and assets of $450K (revenue +196.2% year-over-year).
- 2021: Revenue of $73K, expenses of $157K, and assets of $523K (revenue -57.9% year-over-year).
- 2020: Revenue of $174K, expenses of $226K, and assets of $495K (revenue +70.0% year-over-year).
- 2019: Revenue of $102K, expenses of $248K, and assets of $680K (revenue -10.6% year-over-year).
- 2018: Revenue of $115K, expenses of $251K, and assets of $824K (revenue -23.1% year-over-year).
- 2017: Revenue of $149K, expenses of $270K, and assets of $967K (revenue +22.4% year-over-year).
- 2016: Revenue of $122K, expenses of $393K, and assets of $1.1M (revenue -18.1% year-over-year).
- 2015: Revenue of $149K, expenses of $395K, and assets of $1.5M (revenue -17.0% year-over-year).
- 2014: Revenue of $179K, expenses of $421K, and assets of $1.8M (revenue -55.1% year-over-year).
- 2013: Revenue of $399K, expenses of $409K, and assets of $2.0M (revenue +1112.9% year-over-year).
- 2012: Revenue of $33K, expenses of $525K, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maryland Bible Society:
Data Sources and Methodology
This transparency report for Maryland Bible Society is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.