Greater Remington Improvement Association Inc

Analysis

Greater Remington Improvement Association Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in September 2010, 16 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 (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, Greater Remington Improvement Association Inc reported income of $142k and spending of $110k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $142k (+148%), an average of +148% a year. The sharpest change came in the year to December 2023, when income rose by 148%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Greater Remington Improvement Association Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within MD. Charities of a similar size with the same main cause include Planet Love Joy Inc ($142k), Friends of Genoa ($142k) and Mexicantown Community Development Corporation ($142k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.7% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.