Belair-Edison Neighborhoods Inc

Analysis

Belair-Edison Neighborhoods Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in July 1992, 34 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, Belair-Edison Neighborhoods Inc reported income of $792k and spending of $836k, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $899k to $792k (-12%), an average of -3.1% a year. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Belair-Edison Neighborhoods Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MD. Charities of a similar size with the same main cause include Brothers of Mercy Housing Company Inc ($792k), Georgia Communities Inc ($792k) and T G 107 Inc ($791k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $83k (9.9% of expenses). Other salaries and wages came to $347k. At year end it held assets of $1.0m against liabilities of $170k, net assets of $861k. It reported 9 employees.