Harry & Jeanette Weinberg Place Inc

Analysis

Harry & Jeanette Weinberg Place Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in September 1990, 36 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 June 2023, Harry & Jeanette Weinberg Place Inc reported income of $671k and spending of $8,119, leaving 99% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $2.8m to $671k (-76%), an average of -38% a year. The sharpest change came in the year to June 2022, when income rose by 618%. Over the whole period it spent 31% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Harry & Jeanette Weinberg Place Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MD. Charities of a similar size with the same main cause include The Salvation Army Broomfield Residences Inc ($671k), Our Place Nashville ($671k) and Eagles Nest Transistional Living Inc ($671k).

At year end it held assets of $18.5m against liabilities of $11k, net assets of $18.5m.