Heron Point Resident Association Inc

Analysis

Heron Point Resident Association Inc is a registered charity in United States, based in Chestertown, MD. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Heron Point Resident Association Inc reported income of $148k and spending of $156k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $145k to $148k (+1.7%), an average of +1.7% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heron Point Resident Association Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within MD. Charities of a similar size with the same main cause include Elizabeth Ministry International Inc ($148k), Champions of Change Inc ($148k) and Fort Covington Senior Citizens ($148k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 0.5% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.