Baltimore Regional Housing Partnership Inc

Analysis

Baltimore Regional Housing Partnership Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in July 2014, 12 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, Baltimore Regional Housing Partnership Inc reported income of $95.5m and spending of $91.8m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $81.0m to $95.5m (+18%), an average of +4.2% a year. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Baltimore Regional Housing Partnership Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MD. Charities of a similar size with the same main cause include Brooksby Village Inc ($95.1m), Gene B Glick Family Housing Foundation Inc ($96.7m) and Neighborhood Housing Services of the South Shore Inc ($92.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.9% of the total. Compensation of current officers, directors and key employees was $644k (0.7% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $28.2m against liabilities of $4.0m, net assets of $24.2m. It reported 85 employees.