Home Partnership of Cecil County Inc

Analysis

Home Partnership of Cecil County Inc is a registered charity in United States, based in Lutherville, MD. It received its IRS tax-exemption ruling in April 2005, 21 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Home Partnership of Cecil County Inc reported income of $382k and spending of $474k, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $64k to $382k (+493%), an average of +56% a year. The sharpest change came in the year to June 2020, when income rose by 1970%. Over the whole period it spent 21% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Home Partnership of Cecil County Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within MD. Charities of a similar size with the same main cause include Parmenter Place ($382k), God Gear Inc ($382k) and Lutheran Social Services of Central Ohio Sullivant Housing Inc ($381k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 79% of the total. Other salaries and wages came to $7,838. At year end it held assets of $8.6m against liabilities of $3.3m, net assets of $5.3m. It reported 3 employees.