Arundel Lodge Inc

Analysis

Arundel Lodge Inc is a registered charity in United States, based in Edgewater, MD. It received its IRS tax-exemption ruling in July 1989, 37 years ago. 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 June 2023, Arundel Lodge Inc reported income of $14.0m and spending of $13.6m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.2m to $14.0m (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arundel Lodge Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MD. Charities of a similar size with the same main cause include Wesley Housing Development Corporation ($14.0m), Saint Francis Ministries Inc ($14.0m) and St John Lutheran Care Center ($14.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $465k (3.4% of expenses). Other salaries and wages came to $7.7m. At year end it held assets of $11.9m against liabilities of $5.5m, net assets of $6.4m. It reported 208 employees.