St Marys Roland View Towers Inc

Analysis

St Marys Roland View Towers Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in December 1963, 63 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, St Marys Roland View Towers Inc reported income of $3.3m and spending of $3.2m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $3.3m (+17%), an average of +3.9% a year. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, St Marys Roland View Towers Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within MD. Charities of a similar size with the same main cause include Our Lady of the Road Incorporated ($3.3m), Tabitha Grand Island Inc ($3.3m) and Asbury Dwellings Inc ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $908k. At year end it held assets of $3.8m against liabilities of $613k, net assets of $3.2m. It reported 37 employees.