Maryland Family Care Inc

Analysis

Maryland Family Care Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending June 2023, Maryland Family Care Inc reported income of $84.2m and spending of $82.0m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $52.6m to $84.2m (+60%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Maryland Family Care Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MD. Charities of a similar size with the same main cause include Share Our Strength ($83.6m), Catholic Guardian Services ($84.3m) and Lawndale Christian Health Center ($83.6m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 95% of the total. Other salaries and wages came to $40.8m. At year end it held assets of $37.1m against liabilities of $13.5m, net assets of $23.6m. It reported 490 employees.