University of Maryland Neurology Associates Pa

Analysis

University of Maryland Neurology Associates Pa is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in June 1993, 33 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 Neurology Associates Pa reported income of $8.8m and spending of $8.2m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.8m to $8.8m (+14%), an average of +3.3% a year. Over the whole period it spent 93% 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 Neurology Associates Pa sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within MD. Charities of a similar size with the same main cause include RFS Charitable Foundation ($8.8m), The Guardian Foundation Inc ($8.8m) and Mac Incorporated ($8.8m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $666k (8.1% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $12.1m against liabilities of $3.4m, net assets of $8.7m. It reported 53 employees.