National Capital Foundation for Homecrest House Inc

Analysis

National Capital Foundation for Homecrest House Inc is a registered charity in United States, based in Gaithersburg, MD. It received its IRS tax-exemption ruling in October 1987, 39 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 2024, National Capital Foundation for Homecrest House Inc reported income of $269k and spending of $104k, leaving 61% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $28k to $269k (+846%), an average of +75% a year. The sharpest change came in the year to June 2021, when income rose by 1801%. Over the whole period it spent 27% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Capital Foundation for Homecrest House Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within MD. Charities of a similar size with the same main cause include Fish Oxford-Orion ($269k), Washington Wildlife First ($269k) and Leadership Training International ($269k).

At year end it held assets of $9.6m against liabilities of $0, net assets of $9.6m.