Village at Orchard Ridge Inc

Analysis

Village at Orchard Ridge Inc is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in June 2010, 16 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 December 2023, Village at Orchard Ridge Inc reported income of $25.3m and spending of $30.9m, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $23.3m to $25.3m (+8.4%), an average of +2.0% a year. Over the whole period it spent 116% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Village at Orchard Ridge Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MD. Charities of a similar size with the same main cause include RTH Mission Park Realty Corporation ($25.1m), Neighbor to Neighbor Inc ($25.3m) and Hollenbeck Palms ($25.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 95% of the total. Other salaries and wages came to $6.5m. At year end it held assets of $143.7m against liabilities of $163.9m, net assets of -$20.2m. It reported 278 employees.

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.