University of Maryland Community Medical Group Inc

Analysis

University of Maryland Community Medical Group Inc is a registered charity in United States, based in Linthicum Heights, MD. It received its IRS tax-exemption ruling in May 1996, 30 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, University of Maryland Community Medical Group Inc reported income of $53.2m and spending of $74.0m, spending 139% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $40.0m to $53.2m (+33%), an average of +7.4% a year. Over the whole period it spent 147% 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 Community Medical Group Inc sits at the 93rd percentile: it is larger than about 93% 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 Aria Community Health Center ($53.2m), Centerstone of Illinois Inc ($53.2m) and Berkshire Faculty Services Inc ($53.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 94% of the total. Compensation of current officers, directors and key employees was $4.7m (6.3% of expenses). Other salaries and wages came to $42.7m. At year end it held assets of $4.1m against liabilities of $13.8m, net assets of -$9.7m. It reported 432 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.