Govans Center for Retired Persons Inc

Analysis

Govans Center for Retired Persons Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in March 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 March 2023, Govans Center for Retired Persons Inc reported income of $144k and spending of $127k, spending 88% of its income. Across the 2 years on record, from March 2022 to March 2023, income grew from $108k to $144k (+33%), an average of +33% a year. The sharpest change came in the year to March 2023, when income rose by 33%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Govans Center for Retired Persons Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 47th percentile within MD. Charities of a similar size with the same main cause include Pearl Street a M E Community Development Corporation Inc ($144k), Stonebridge Food Pantry ($144k) and Rubyes Kids Incorporated ($144k).

On its Form 990-EZ for the period ending March 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. At year end it held assets of $99k against liabilities of $46k, net assets of $54k.