Mutual Housing Association of Baltimore Inc

Analysis

Mutual Housing Association of Baltimore Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in May 1983, 43 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, Mutual Housing Association of Baltimore Inc reported income of $1.3m and spending of $1.4m, spending 103% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.2m to $1.3m (+8.9%), an average of +2.9% a year. Over the whole period it spent 107% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mutual Housing Association of Baltimore Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MD. Charities of a similar size with the same main cause include Village of Hope Palm Beach County Inc ($1.3m), Helping Hands Team ($1.3m) and Black Women Build - Baltimore ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. Other salaries and wages came to $191k. At year end it held assets of $4.8m against liabilities of $5.1m, net assets of -$292k. It reported 10 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.