University of Maryland Orthopaedic Associates P a

Analysis

University of Maryland Orthopaedic Associates P a is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in June 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, University of Maryland Orthopaedic Associates P a reported income of $32.0m and spending of $36.3m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $19.6m to $32.0m (+63%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 123% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Maryland Orthopaedic Associates P a sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MD. Charities of a similar size with the same main cause include Palm Beach Day Academy Inc ($32.0m), Innovative Education Management Inc ($32.0m) and Hiawatha Academies ($32.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $1.2m (3.4% of expenses). Other salaries and wages came to $14.1m. At year end it held assets of $23.0m against liabilities of $26.1m, net assets of -$3.1m. It reported 167 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.