N M Carroll Manor Inc

Analysis

N M Carroll Manor Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in April 2020, 6 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 (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, N M Carroll Manor Inc reported income of $1.6m and spending of $1.7m, spending 106% of what it took in. Across the 6 years on record, from June 2018 to June 2023, income grew from $1.5m to $1.6m (+10%), an average of +2.0% a year. Over the whole period it spent 117% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, N M Carroll Manor Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MD. Charities of a similar size with the same main cause include Santa Clara Teacher Housing Foundation ($1.6m), Christians in Action Inc ($1.6m) and Walker Street Chung Pak Local Development ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Other salaries and wages came to $495k. At year end it held assets of $7.1m against liabilities of $3.5m, net assets of $3.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.