University of Maryland St Joseph Foundation Inc

Analysis

University of Maryland St Joseph Foundation Inc is a registered charity in United States, based in Towson, MD. It received its IRS tax-exemption ruling in October 1990, 36 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 (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, University of Maryland St Joseph Foundation Inc reported income of $7.7m and spending of $5.8m, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.4m to $7.7m (-8.5%), an average of -2.2% a year. The sharpest change came in the year to June 2021, when income rose by 144%. Over the whole period it spent 84% 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 St Joseph Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MD. Charities of a similar size with the same main cause include Rocky Mountain Adventist Healthcare Foundation ($7.7m), Interior Community Health Center ($7.7m) and Ballad Health Foundation ($7.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% of the total. Other salaries and wages came to $694k. At year end it held assets of $32.2m against liabilities of $4.3m, net assets of $27.9m.