University of Maryland Physicians Pa

Analysis

University of Maryland Physicians Pa is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in October 1981, 45 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, University of Maryland Physicians Pa reported income of $58.6m and spending of $56.0m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $48.0m to $58.6m (+22%), an average of +5.1% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, University of Maryland Physicians Pa sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MD. Charities of a similar size with the same main cause include Medlink Georgia Inc ($58.6m), Vna Health Care ($58.8m) and American Camping Association Inc ($58.5m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $469k (0.8% of expenses). Other salaries and wages came to $19.4m. At year end it held assets of $18.4m against liabilities of $14.9m, net assets of $3.5m. It reported 467 employees.