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Green & Healthy Homes Initiative Inc

RegisteredEIN 52-1786577Baltimore, MDHealth and saving lives
Income$15.4m2023-12
Spending$14.5msame year
Spent / received92%5-year average
Size in its cause87th pctHealth and saving lives
Exempt since1994Publicly supported organisat
Employees65latest return

Analysis

Green & Healthy Homes Initiative Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in November 1994, 32 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Green & Healthy Homes Initiative Inc reported income of $15.4m and spending of $14.5m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.1m to $15.4m (+91%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 59%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Green & Healthy Homes Initiative Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within MD. Charities of a similar size with the same main cause include Sundown M Ranch Corporation ($15.4m), Peabody Management Systems Inc ($15.4m) and Rhode Island Hospital Foundation ($15.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $450k (3.1% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $11.2m against liabilities of $6.8m, net assets of $4.4m. It reported 65 employees.

Income and spending

$0$3.9m$7.7m$11.6m$15.4m2019 Income: $8,051,6912019 Spending: $7,972,55020192020 Income: $5,966,0142020 Spending: $5,525,99620202021 Income: $7,594,7122021 Spending: $6,659,76320212022 Income: $12,046,7442022 Spending: $10,560,83420222023 Income: $15,412,8712023 Spending: $14,493,4962023
IncomeSpending

Where the income comes from

  • Contributions & grants 98%
  • Program services 0.9%
  • Other 1.5%

Similar-sized charities, same cause

CharityLocationIncome
Sundown M Ranch CorporationSelah$15.4m
Peabody Management Systems IncPittsfield$15.4m
Rhode Island Hospital FoundationProvidence$15.4m
UpmcPittsburgh$15.4m