Luminis Health J Kent McNew Family Medical Center Inc
Analysis
Luminis Health J Kent McNew Family Medical Center Inc is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in October 2020, 6 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Luminis Health J Kent McNew Family Medical Center Inc reported income of $7.6m and spending of $8.7m, spending 116% of what it took in. The sharpest change came in the year to June 2021, when income rose by 243%. Over the whole period it spent 116% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Luminis Health J Kent McNew Family Medical Center Inc sits at the 82nd percentile: it is larger than about 82% 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 Champions of the Community Inc ($7.6m), Exceptional Kids Inc ($7.6m) and Malaria Consortium US Inc ($7.5m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.8% and program service revenue 96% of the total. Other salaries and wages came to $4.9m. At year end it held assets of $26.6m against liabilities of $29.3m, net assets of -$2.6m. It reported 65 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.
Income and spending
Where the income comes from
- Contributions & grants 3.8%
- Program services 96%
- Other 0.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Champions of the Community Inc | Dublin | $7.6m |
| Exceptional Kids Inc | Centennial | $7.6m |
| Malaria Consortium US Inc | Hermitage | $7.5m |
| Leap Frog Group | Washington | $7.6m |