Does a Maryland Nonprofit Need an Audit?
Maryland requires a charitable organization registering to solicit in the State to file an audit by an independent certified public accountant when its gross income from charitable contributions in the most recently completed fiscal year is at least $750,000, and a CPA review when that income is at least $300,000 but less than $750,000.
Data as of Sep 21, 2026 · Source: Federal Audit Clearinghouse (public data)
Does a Maryland nonprofit need an audit?
Maryland requires a charitable organization registering to solicit in the State to file an audit by an independent certified public accountant when its gross income from charitable contributions in the most recently completed fiscal year is at least $750,000, and a CPA review when that income is at least $300,000 but less than $750,000.
| Topic | Applies to | Rule | Threshold | Source | Last verified |
|---|---|---|---|---|---|
| State law | gross income from charitable contributions of at least $750,000 in the most recently completed fiscal year | The registration statement shall contain or be accompanied by ... an audit by an independent certified public accountant if the gross income from charitable contributions in the most recently completed fiscal year is at least $750,000; or a review by an independent certified public accountant if the gross income from charitable contributions in the most recently completed fiscal year is at least $300,000 but less than $750,000. | $750,000 | Md. Code, Bus. Reg. § 6-402(b)(7) | Last verified: 2026-09-21 |
Who enforces this in Maryland?
The first rule in the table comes from Md. Code, Bus. Reg. § 6-402(b)(7). Check that source for the Maryland office and the filing instructions that apply to your organization.
How does this differ from the federal single audit?
The federal single audit applies when a nonprofit spends $1,000,000 or more in federal awards in a fiscal year beginning on or after October 1, 2024 ($750,000 for earlier fiscal years). State rules are separate and are listed on this page.
Read what the single audit threshold means or check whether an organization needs a federal single audit.
Maryland nonprofit single audits in the federal data
The federal single audit is a separate requirement. These pages count the Maryland nonprofit filings in the Federal Audit Clearinghouse and the firms named on them.
Common questions
Does a Maryland nonprofit need an audit?
Maryland requires a charitable organization registering to solicit in the State to file an audit by an independent certified public accountant when its gross income from charitable contributions in the most recently completed fiscal year is at least $750,000, and a CPA review when that income is at least $300,000 but less than $750,000.