Patapsco Heritage Greenway Inc

Analysis

Patapsco Heritage Greenway Inc is a registered charity in United States, based in Ellicott City, MD. It received its IRS tax-exemption ruling in February 1981, 45 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, Patapsco Heritage Greenway Inc reported income of $621k and spending of $472k, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $322k to $621k (+93%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 74%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Patapsco Heritage Greenway Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MD. Charities of a similar size with the same main cause include Citizens Hose Co 1 Inc ($621k), Womens Resource Center ($621k) and Augusta Rescue Mission Inc ($621k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $99k (21% of expenses). Other salaries and wages came to $179k. At year end it held assets of $442k against liabilities of $30k, net assets of $411k. It reported 9 employees.