Hemophilia Foundation of Maryland Inc

Analysis

Hemophilia Foundation of Maryland Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in September 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Hemophilia Foundation of Maryland Inc reported income of $451k and spending of $466k, spending 103% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $368k to $451k (+23%), an average of +4.1% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Hemophilia Foundation of Maryland Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within MD. Charities of a similar size with the same main cause include Normandale PTO Parent Teacher Organization ($451k), Jewish Community Foundation of Greater Prescott ($451k) and Convergence Events Inc ($451k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 1.4% of the total. Other salaries and wages came to $137k. At year end it held assets of $231k against liabilities of $32k, net assets of $198k. It reported 2 employees.