Univ of MD Capital Region Foundatio N Inc

Analysis

Univ of MD Capital Region Foundatio N Inc is a registered charity in United States, based in Largo, MD. It received its IRS tax-exemption ruling in January 1984, 42 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Univ of MD Capital Region Foundatio N Inc reported income of $170k and spending of $143k, spending 84% of its income. Across the 3 years on record, from June 2021 to June 2023, income fell from $364k to $170k (-53%), an average of -32% a year. The sharpest change came in the year to June 2022, when income dropped by 37%. Over the whole period it spent 49% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Univ of MD Capital Region Foundatio N Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within MD. Charities of a similar size with the same main cause include North American Society of Adlerian Psychology ($170k), Kimball Health Center ($170k) and Friends of Putnam County Homecare & Hospice Inc ($170k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.