Roland Park Place Inc

Analysis

Roland Park Place Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in October 1981, 45 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 June 2023, Roland Park Place Inc reported income of $29.2m and spending of $29.9m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $24.0m to $29.2m (+21%), an average of +5.0% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Roland Park Place Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MD. Charities of a similar size with the same main cause include Porter Hills Presbyterian Village Inc ($29.1m), Arca ($29.2m) and York County Community Action Corp ($29.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.5% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $642k (2.1% of expenses). Other salaries and wages came to $9.0m. At year end it held assets of $140.0m against liabilities of $145.8m, net assets of -$5.8m. It reported 309 employees.

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.