Presbyterian Eye Ear & Throat Charity Hospital Inc

Analysis

Presbyterian Eye Ear & Throat Charity Hospital Inc is a registered charity in United States, based in Lutherville, MD. It received its IRS tax-exemption ruling in October 1934, 92 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2024, Presbyterian Eye Ear & Throat Charity Hospital Inc reported income of $362k and spending of $687k, spending 190% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $467k to $362k (-23%), an average of -6.2% a year. The sharpest change came in the year to June 2024, when income rose by 52%. Over the whole period it spent 175% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Presbyterian Eye Ear & Throat Charity Hospital Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within MD. Charities of a similar size with the same main cause include American Music Therapy Association Affiliates ($362k), The Institute of Urban Living ($362k) and American Orthopedic Foundation ($362k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 31% of the total. At year end it held assets of $4.3m against liabilities of $0, net assets of $4.3m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.