Village in Howard Inc

Analysis

Village in Howard Inc is a registered charity in United States, based in Columbia, MD. It received its IRS tax-exemption ruling in July 2014, 12 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, Village in Howard Inc reported income of $90k and spending of $106k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $77k to $90k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Village in Howard Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 35th percentile within MD. Charities of a similar size with the same main cause include St Vincent de Paul Society Holy Infant of Prague Conference ($90k), Bpr-Cpr Inc ($90k) and Rosemount High School Graduation Party Committee ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 3.4% of the total. At year end it held assets of $151k against liabilities of $5,779, net assets of $146k.