Luminis Health Doctors Community Medical Center Foundation Inc

Analysis

Luminis Health Doctors Community Medical Center Foundation Inc is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Luminis Health Doctors Community Medical Center Foundation Inc reported income of $1.3m and spending of $735k, leaving 41% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $646k to $1.3m (+94%), an average of +18% a year. The sharpest change came in the year to June 2020, when income rose by 36%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Luminis Health Doctors Community Medical Center Foundation Inc sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MD. Charities of a similar size with the same main cause include House of Hope Inc ($1.3m), Jennie Stuart Health Foundation Inc ($1.3m) and Cancer 101 Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $271k (37% of expenses). Other salaries and wages came to $235k. At year end it held assets of $3.2m against liabilities of $2.2m, net assets of $999k. It reported 4 employees.