Womens Housing Development Inc

Analysis

Womens Housing Development Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in July 1989, 37 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 June 2023, Womens Housing Development Inc reported income of $272k and spending of $727k, spending 268% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $73k to $272k (+274%), an average of +39% a year. The sharpest change came in the year to June 2023, when income rose by 263%. Over the whole period it spent 306% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Womens Housing Development 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 Kaivalya Mandiram ($272k), Little League Baseball Inc ($272k) and Green and White Soccer Club ($272k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 26% of the total. At year end it held assets of $2.2m against liabilities of $1.9m, net assets of $354k.

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.