Greater Baltimore Ahc Inc

Analysis

Greater Baltimore Ahc Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in May 2011, 15 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Greater Baltimore Ahc Inc reported income of $1.0m and spending of $1.6m, spending 150% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $799k to $1.0m (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2020, when income rose by 835%. Over the whole period it spent 61% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Greater Baltimore Ahc Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within VA. Charities of a similar size with the same main cause include National Affordable Housing Preservation Associates Inc ($1.0m), McAllen Housing Development Corporation ($1.0m) and Wartburg Home Foundation Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $254k (16% of expenses). Other salaries and wages came to $510k. At year end it held assets of $12.8m against liabilities of $8.8m, net assets of $4.0m. It reported 18 employees.