Sheppard Pratt Physicians P a

Analysis

Sheppard Pratt Physicians P a is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in December 1985, 41 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Sheppard Pratt Physicians P a reported income of $13.0m and spending of $15.6m, spending 120% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $29.4m to $13.0m (-56%), an average of -18% a year. The sharpest change came in the year to June 2023, when income dropped by 57%. Over the whole period it spent 133% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sheppard Pratt Physicians P a sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MD. Charities of a similar size with the same main cause include The Addictions Care Center of Albany Inc ($13.0m), Norton Healthcare Foundation Inc ($13.0m) and Hospital Sisters of St Francis Foundation Inc ($13.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.3% and program service revenue 90% of the total. Other salaries and wages came to $9.7m. At year end it held assets of $9.2m against liabilities of $10.8m, net assets of -$1.7m. It reported 217 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.