CSCharityScored
90

Maryland Economic Development Corporation

Other · Baltimore, Maryland

7 Saint Paul St Ste 940, Baltimore, MD 21202-1672

EIN: 521376562· Founded: Sep 1986· 40 years active· Filing Year: 2023

Annual Revenue

$202.2M

Total Expenses

$207.4M

Total Assets

$1.0B

Program Spending

93%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$379K

0.2% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$1.3M

Total Payroll

$1.7M

1% of total expenses

Where the Money Goes

93%
Programs: 93%
Payroll: 1%
Other overhead: 7%
Program Revenue$192.7M (95%)
Total Expenses$207.4M (100%)
Payroll$1.7M (1%)
Overhead (non-program)7%

Trust Score Breakdown

Program Spending Ratio

93% of expenses go to programs

40%

Revenue & Stability

$202.2M annual revenue

15%

Executive Compensation

$379K total officer comp (0.2% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$1.0B in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.