Harry and Jeanette Weinberg Village 1 Inc

Analysis

Harry and Jeanette Weinberg Village 1 Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in June 2003, 23 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Harry and Jeanette Weinberg Village 1 Inc reported income of $875k and spending of $1.0m, spending 115% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $860k to $875k (+1.7%), an average of +0.6% a year. Over the whole period it spent 114% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Harry and Jeanette Weinberg Village 1 Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within MD. Charities of a similar size with the same main cause include Rva Sisters Keeper ($875k), Urban League Affordable Housing and Community Developmental Corpor ($876k) and Samaritan Women at the Well ($875k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.9% and program service revenue 94% of the total. At year end it held assets of $4.8m against liabilities of $6.3m, net assets of -$1.5m.

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.