Reservoir Hill Improvement Council Inc

Analysis

Reservoir Hill Improvement Council Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in May 1985, 41 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 December 2023, Reservoir Hill Improvement Council Inc reported income of $186k and spending of $141k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $123k to $186k (+51%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Reservoir Hill Improvement Council Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within MD. Charities of a similar size with the same main cause include Associated Students of the California Institute of Tech Inc ($186k), Veterans First Limited ($186k) and PTA Georgia Congress ($186k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.4% of the total. At year end it held assets of $107k against liabilities of $3,918, net assets of $103k.