Student Homelessness Initiative Partnership of Frederick County in

Analysis

Student Homelessness Initiative Partnership of Frederick County in is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in May 2015, 11 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, Student Homelessness Initiative Partnership of Frederick County in reported income of $877k and spending of $844k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $638k to $877k (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Student Homelessness Initiative Partnership of Frederick County in sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within MD. Charities of a similar size with the same main cause include The Next Step Fund Inc ($877k), Operation Provider ($878k) and Israel Manor ($877k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $110k (13% of expenses). Other salaries and wages came to $378k. At year end it held assets of $485k against liabilities of $103k, net assets of $382k. It reported 12 employees.