One House at a Time Inc

Analysis

One House at a Time Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in August 2004, 22 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, One House at a Time Inc reported income of $723k and spending of $665k, spending 92% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $576k to $723k (+26%), an average of +4.7% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 78% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, One House at a Time Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MD. Charities of a similar size with the same main cause include Community Capital Advisors Inc ($722k), Small Business Synergy Corporation ($723k) and Junior League of Denver Incorporated ($722k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $107k (16% of expenses). Other salaries and wages came to $214k. At year end it held assets of $4.9m against liabilities of $2.9m, net assets of $2.0m. It reported 4 employees.