Maryland Citizens Health Initiative Education Fund Inc

Analysis

Maryland Citizens Health Initiative Education Fund Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in June 2000, 26 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Maryland Citizens Health Initiative Education Fund Inc reported income of $693k and spending of $488k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $551k to $693k (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2023, when income rose by 87%. 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 Citizens Health Initiative Education Fund Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within MD. Charities of a similar size with the same main cause include Face to Face Enrichment Center ($693k), Fairview Counseling ($693k) and Floydada Emergency Medical Services ($692k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $45k (9.3% of expenses). Other salaries and wages came to $257k. At year end it held assets of $883k against liabilities of $50k, net assets of $833k. It reported 7 employees.