Based in CUMBERLAND, MD, ALLEGANY COLLEGE OF MARYLAND FOUNDATION INC operates as a Public Charity. The organization reported $5.7M in revenue, $3.3M in expenses, $28.8M in total assets for fiscal year 2025. Imperigo tracks 19 reported grant relationships connected to this organization totaling approximately $480K.
THE PURPOSE OF THE FOUNDATION IS TO ACCUMULATE, INVEST, REINVEST, AND EXPEND FUNDS, BY WAY OF ENDOWMENT OR OTHERWISE; TO USE EITHER THE PRINCIPAL OR INCOME THEREOF FOR SCHOLARSHIPS OR FOR SPECIAL PROGRAMS OR PROJECTS; AND TO FOSTER, ENCOURAGE, AND PROMOTE THE GROWTH, PROGRESS, AND GENERAL WELFARE OF ALLEGANY COLLEGE OF MARYLAND.
How Allegany College of Maryland Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Showing up to 5 of 19 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $5.7M | $3.3M | $28.8M |
| 2024 | $4.8M | $3.5M | $26.7M |
| 2023 | $3.8M | $3.5M | $24.7M |
| 2021 | $4.1M | $2.7M | $22.7M |
| 2020 | $4.8M | $3.4M | $18.2M |
Between 2020 and 2025, reported annual revenue grew from $4.8M to $5.7M (+21%), with total assets most recently reported at $28.8M.
Interactive year-over-year charts and full filing details available with membership.
