Planned Parenthood of Maryland Inc

Analysis

Planned Parenthood of Maryland 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. Its declared purposes cover health care, 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 June 2023, Planned Parenthood of Maryland Inc reported income of $20.2m and spending of $18.7m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.8m to $20.2m (+47%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Planned Parenthood of Maryland Inc sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MD. Charities of a similar size with the same main cause include West Michigan Cancer Center ($20.2m), Point32health Foundation Inc ($20.2m) and Tanager Place ($20.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $790k (4.2% of expenses). Other salaries and wages came to $8.5m. At year end it held assets of $28.2m against liabilities of $5.1m, net assets of $23.1m. It reported 171 employees.