Urology Care Foundation Inc

Analysis

Urology Care Foundation Inc is a registered charity in United States, based in Linthicum HTS, MD. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Urology Care Foundation Inc reported income of $4.6m and spending of $3.2m, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.8m to $4.6m (-3.5%), an average of -0.9% a year. The sharpest change came in the year to December 2020, when income rose by 55%. Over the whole period it spent 49% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Urology Care Foundation Inc sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within MD. Charities of a similar size with the same main cause include Healthier Moms and Babies Inc ($4.6m), Network Enterprises Inc ($4.6m) and Institute for Clinical Research Inc ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $300k (9.3% of expenses). Other salaries and wages came to $680k. At year end it held assets of $73.8m against liabilities of $600k, net assets of $73.2m.