Augsburg Lutheran Home of MD Inc

Analysis

Augsburg Lutheran Home of MD Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in June 1977, 49 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 December 2023, Augsburg Lutheran Home of MD Inc reported income of $19.8m and spending of $27.6m, spending 139% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $16.3m to $19.8m (+22%), an average of +5.0% a year. The sharpest change came in the year to December 2020, when income rose by 32%. Over the whole period it spent 118% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Augsburg Lutheran Home of MD Inc sits at the 88th 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 Great Plains of Cheyenne Co Inc ($19.8m), Compass Behavioral Health ($19.8m) and 219 Health Network Inc ($19.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 85% of the total. Other salaries and wages came to $10.2m. At year end it held assets of $8.8m against liabilities of $2.5m, net assets of $6.3m. It reported 266 employees.

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.