University of Missouri Medical Professional Liability TR

Analysis

University of Missouri Medical Professional Liability TR is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 1978, 48 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, University of Missouri Medical Professional Liability TR reported income of $3.5m and spending of $13.2m, spending 374% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.5m to $3.5m (+1.0%), an average of +0.2% a year. The sharpest change came in the year to June 2020, when income rose by 314%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, University of Missouri Medical Professional Liability TR sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within IL. Charities of a similar size with the same main cause include Raleigh Youth Hockey Association Inc ($3.5m), New York State Public High School Athletic Association Inc ($3.5m) and Community Legal Services of Prince Georges County Inc ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 134% of the total. Compensation of current officers, directors and key employees was $178k (1.3% of expenses). At year end it held assets of $70.0m against liabilities of $0, net assets of $70.0m.