Roland Park Place Health Care Corporation

Analysis

Roland Park Place Health Care Corporation is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in January 1986, 40 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Roland Park Place Health Care Corporation reported income of $113k and spending of $320k, spending 283% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $76k to $113k (+49%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 182%. Over the whole period it spent 292% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Roland Park Place Health Care Corporation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within MD. Charities of a similar size with the same main cause include United Cancer Assistance Network ($113k), Carter Kits ($113k) and Alano Club of Santa Barbara Inc ($113k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 67% of the total. Other salaries and wages came to $60k. At year end it held assets of $29k against liabilities of $4.9m, net assets of -$4.8m. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.