Trustees of the Endowment Fund of the Univ of MD School of Medicine

Analysis

Trustees of the Endowment Fund of the Univ of MD School of Medicine is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in December 1934, 92 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Trustees of the Endowment Fund of the Univ of MD School of Medicine reported income of $8.4m and spending of $4.2m, leaving 51% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.6m to $8.4m (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2021, when income rose by 378%. Over the whole period it spent 33% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Trustees of the Endowment Fund of the Univ of MD School of Medicine sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MD. Charities of a similar size with the same main cause include Christus Trinity Mother Frances Foundation ($8.4m), Oklahoma Secondary School Activities Association ($8.5m) and Vermont Information Technology Leaders Inc ($8.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.9% of the total. Compensation of current officers, directors and key employees was $50k (1.2% of expenses). At year end it held assets of $135.0m against liabilities of $1.2m, net assets of $133.8m.