Mc Daniel College Inc
2 College Hl, Westminster, MD · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $163,017,939 | $133,979,013 | $234,450,000 |
| FY2024 | $130,205,035 | $130,165,145 | $198,511,892 |
| FY2023 | $127,413,498 | $129,570,108 | $176,995,900 |
| FY2022 | $131,683,953 | $128,880,474 | $179,240,151 |
| FY2021 | $122,423,493 | $120,249,523 | $196,615,894 |
| FY2020 | $113,872,650 | $115,230,241 | $152,355,744 |
| FY2019 | $112,607,930 | $104,427,469 | $157,301,252 |
| FY2018 | $106,680,305 | $103,854,471 | $156,475,912 |
| FY2017 | $99,326,928 | $100,997,164 | $146,351,137 |
| FY2016 | $98,903,378 | $99,292,342 | $136,781,284 |
| FY2015 | $102,718,959 | $100,652,649 | $144,117,990 |
| FY2014 | $101,005,579 | $95,498,022 | $144,858,355 |
| FY2013 | $99,398,407 | $91,781,710 | $130,689,453 |
| FY2012 | $87,227,215 | $88,804,361 | $120,348,554 |
Form 990 filings
The returns filed by Mc Daniel College Inc (EIN 52-0591694), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $43,615,201 | 27% |
| Program service revenue | $109,674,180 | 67% |
| Other revenue | $9,728,558 | 6% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $126,621,691 | 95% |
| Management & general | $4,866,551 | 4% |
| Fundraising | $2,490,771 | 2% |
What the numbers show
- Program service revenue made up 67% of total revenue in FY2025.
- Program services accounted for 95% of functional expenses, management & general 4%, and fundraising 2%.
- 95% of functional expenses went to program services in FY2025. That is higher than 97.8% of 93 Education organizations in MD.
- Net assets covered about 21 months of expenses at the end of the reporting year. That puts it in the 63rd percentile among 1052 Education organizations in MD.
- Total revenue was higher than 99.9% of 1078 Education organizations in MD.
- Total revenue rose from $87,227,215 in FY2012 to $163,017,939 in FY2025. Revenue increased in 11 and decreased in 2 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 5 of 14 reported years (FY2012, FY2016, FY2017, FY2020, FY2023).
- Net assets grew from $120,348,554 to $234,450,000 between FY2012 and FY2025.
- Contributions and grants made up 8% of revenue in FY2012 and 27% in FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
STUDENTS ARE THE FOCUS AT MCDANIEL AND PROVIDING THE IDEAL LEARNING ENVIRONMENT IS OUR GOAL.
IRS status
| Ruling year | 1934 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B430 — Education (in MD) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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