Maryland Medicine P a

Analysis

Maryland Medicine P a is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in August 2015, 11 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, Maryland Medicine P a reported income of $16.6m and spending of $16.6m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $16.6m (+693%), an average of +68% a year. The sharpest change came in the year to June 2022, when income rose by 547%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Maryland Medicine P a sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MD. Charities of a similar size with the same main cause include Webster Memorial Hospital Inc ($16.6m), Settlement Health and Medical Services Inc ($16.6m) and Camden on Gauley Medical Center Inc ($16.6m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $15.1m. At year end it held assets of $682k against liabilities of $643k, net assets of $39k. It reported 152 employees.