Mid-Atlantic Association of Community Health Centers Inc

Analysis

Mid-Atlantic Association of Community Health Centers Inc is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in April 1990, 36 years ago. 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 March 2023, Mid-Atlantic Association of Community Health Centers Inc reported income of $1.7m and spending of $1.6m, spending 99% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $1.3m to $1.7m (+31%), an average of +6.9% a year. The sharpest change came in the year to March 2022, when income rose by 49%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mid-Atlantic Association of Community Health Centers Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MD. Charities of a similar size with the same main cause include Florida Association of Agencies Serving the Blind Inc ($1.7m), Brain Injury Association of New York State Inc ($1.7m) and Outreach America Inc ($1.7m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 96% and program service revenue 2.5% of the total. Compensation of current officers, directors and key employees was $394k (24% of expenses). Other salaries and wages came to $302k. At year end it held assets of $1.5m against liabilities of $382k, net assets of $1.1m. It reported 11 employees.