Dulaney Station Community Housing Development Organization Inc

Analysis

Dulaney Station Community Housing Development Organization Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in July 2007, 19 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, Dulaney Station Community Housing Development Organization Inc reported income of $98k and spending of $155k, spending 158% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $115k to $98k (-15%), an average of -3.9% a year. The sharpest change came in the year to June 2023, when income dropped by 15%. Over the whole period it spent 124% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Dulaney Station Community Housing Development Organization Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within MD. Charities of a similar size with the same main cause include Pendleton Apartments Inc ($98k), LSS Housing Willow Wood Inc ($98k) and Levy County Housing Authority Core Group Inc ($98k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $58k. At year end it held assets of $576k against liabilities of $1.1m, net assets of -$570k.

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.