Collington Residents Association Inc

Analysis

Collington Residents Association Inc is a registered charity in United States, based in Mitchellville, MD. It received its IRS tax-exemption ruling in September 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 March 2024, Collington Residents Association Inc reported income of $585k and spending of $480k, spending 82% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $268k to $585k (+119%), an average of +22% a year. The sharpest change came in the year to March 2021, when income rose by 227%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Collington Residents Association Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within MD. Charities of a similar size with the same main cause include Hosanna Christian School ($585k), Alabama Home Health Care Inc ($585k) and Cove City Ems Inc ($585k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 64% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.