University of Maryland Surgical Associates P a

Analysis

University of Maryland Surgical Associates P a is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in March 1989, 37 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, University of Maryland Surgical Associates P a reported income of $45.6m and spending of $43.7m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $39.4m to $45.6m (+16%), an average of +3.7% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, University of Maryland Surgical Associates P a sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within MD. Charities of a similar size with the same main cause include Florida Proton Therapy Institute Inc ($45.6m), Community Based Care of Brevard Inc ($45.6m) and Horizon Home Care & Hospice Inc ($45.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $1.4m (3.2% of expenses). Other salaries and wages came to $19.2m. At year end it held assets of $15.2m against liabilities of $15.7m, net assets of -$456k. It reported 76 employees.