Maryland Rural Development Corporation
AI Summary
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The Maryland Rural Development Corporation (EIN: 52-1184645) is dedicated to community improvement by providing economic, educational, and housing assistance to individuals in need through government and private grants. With an operating budget of $9.5 million and total revenue of $10.1 million for the 2024 filing year, the organization is supported by multiple funders, none of which contribute 50% or more of its revenue. More information can be found on their website at www.mrdc.net.
Mission Statement
Provide Economic, Educational and Housing Assistance to individuals who are in need through the resources offered by government and private grants.
Cause Areas
1
Community improvement
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Funder
Total Funding
Funding Share
MARYLAND FAMILY NETWORK INC
$140.4M
4%
MARYLAND ASSOCIATION OF COMMUNITY ACTION AGENCIES
$1.9M
5%
Frequently Asked Questions
What is Maryland Rural Development Corporation’s budget?
In 2024, Maryland Rural Development Corporation reported an annual operating budget of around $9.5 million. More detailed financial information is available to registered users.
What causes does Maryland Rural Development Corporation support?
Maryland Rural Development Corporation supports work in Community improvement.
Where does Maryland Rural Development Corporation operate?
Maryland Rural Development Corporation is headquartered in Annapolis, MD.
Who funded Maryland Rural Development Corporation recently?
In 2024, Maryland Rural Development Corporation received grants from MARYLAND FAMILY NETWORK INC, MARYLAND FAMILY NETWORK INC, and MARYLAND FAMILY NETWORK INC. More information on this organization’s funders is available to registered users.
What is the largest grant Maryland Rural Development Corporation received in 2024?
The largest grant to Maryland Rural Development Corporation in 2024 exceeds $1.4 million.
What is Maryland Rural Development Corporation’s reliance on government grants?
Maryland Rural Development Corporation relied on government grants for more than 95% of their total revenue in 2024.