Keswick Multi Care Center Inc

Analysis

Keswick Multi Care Center Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in March 1938, 88 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Keswick Multi Care Center Inc reported income of $35.7m and spending of $33.4m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $39.4m to $35.7m (-9.4%), an average of -2.4% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Keswick Multi Care Center Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MD. Charities of a similar size with the same main cause include National Center on Institutions and Alternatives Inc ($35.6m), Kalihi Palama Health Center ($35.7m) and St Camillus Residential Health Care Facility ($35.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $1.1m (3.3% of expenses). Other salaries and wages came to $14.7m. At year end it held assets of $22.9m against liabilities of $13.0m, net assets of $9.9m. It reported 357 employees.