Humanim Inc

Analysis

Humanim Inc is a registered charity in United States, based in Columbia, MD. It received its IRS tax-exemption ruling in February 1973, 53 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, Humanim Inc reported income of $26.1m and spending of $27.1m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $33.5m to $26.1m (-22%), an average of -6.1% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Humanim Inc 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 98th percentile, and in the 97th percentile within MD. Charities of a similar size with the same main cause include Union County Physician Corporation ($26.1m), North End Community Health Committee Inc ($26.1m) and Santa Cruz Community Health Centers ($26.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.9% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $448k (1.7% of expenses). Other salaries and wages came to $15.7m. At year end it held assets of $25.5m against liabilities of $12.4m, net assets of $13.1m. It reported 547 employees.