Saint Albans Housing Corporation

Analysis

Saint Albans Housing Corporation is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in December 2004, 22 years ago. 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, Saint Albans Housing Corporation reported income of $1.6m and spending of $1.5m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.6m (+12%), an average of +2.8% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Saint Albans Housing Corporation sits at the 83rd percentile: it is larger than about 83% 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 South Carolina Coalition Against Domestic Violence & Sexual Assault ($1.6m), New Jersey Primary Care Association Inc ($1.6m) and Wildacres Retreat ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.8% and program service revenue 95% of the total. Other salaries and wages came to $303k. At year end it held assets of $4.7m against liabilities of $4.6m, net assets of $102k.