Property & Casualty Insurance Guaranty Corporation
Public records raise at least one point you should look into before giving.
What it says it does
THE ORGANIZATION OPERATES TO PROTECT MARYLAND RESIDENTS FROM FINANCIAL LOSS FROM INSURERS' INSOLVENCY AND TO ASSESS LICENSED INSURERS FOR THE COSTS.
- Income
- $9.2 million
- Spending
- $5.1 million
- Employees
- 13
- Volunteers
- 9
- Highest pay
- $316,365, president
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- INSOLVENCY PROTECTION:THE PROPERTY AND CASUALTY GUARANTY CORPORATION HAS A 50-YEAR HISTORY OF HANDLING CLAIMS AND LITIGATION ARISING OUT OF INSOLVENT PROPERTY AND CASUALTY INSURANCE COMPANIES.PCIGC'S MEMBERSHIP IS COMPOSED OF APPROXIMATELY 966 LICENSED MARYLAND DIRECT WRITERS OF PROPERTY AND CASUALTY INSURANCE. THE GUARANTY CORPORATION HAS A 50 YEAR HISTORY OF EXCELLENT PERFORMANCE IN THE PROTECTION OF MARYLAND RESIDENTS BY ITS COMPLIANCE WITH THE PRINCIPLES OF LEGALITY, OBJECTIVENESS AND DUE DILIGENCE IN CREATING THE NECESSARY CONDITIONS FOR COMPETENCY, FAIRNESS AND TRANSPARENCY IN ALL OF ITS ACTIONS.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(6) business league.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(6) business league as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 1988.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.