Membership benefit organizations, mutual insurance, and cooperatives Analysis for Maryland — revenue, assets, and AI-powered transparency reports.
Average spending breakdown for mutual benefit nonprofits in Maryland based on IRS 990 filings:
Mutual Benefit nonprofits in Maryland show strong program spending, directing 90% to charitable activities.
There are 52 mutual benefit nonprofits in Maryland, classified under NTEE codes Y, with $3.5B in combined revenue.
The largest mutual benefit nonprofit in Maryland by revenue is Chesapeake Employers Insurance Comp Any with $1.9B in annual revenue.
On average, mutual benefit nonprofits in Maryland spend 90% on programs, 8% on administration, and 2% on fundraising.
Check the organization's Mission Score, review red flags, examine spending breakdowns, and verify their IRS 990 filings on NonprofitSpending. Legitimate mutual benefit nonprofits typically spend 65%+ of their budget on programs.