Metropolitan Washington Orthodox Seniors Housing Inc

Analysis

Metropolitan Washington Orthodox Seniors Housing Inc is a registered charity in United States, based in Potomac, MD. It received its IRS tax-exemption ruling in November 1992, 34 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Metropolitan Washington Orthodox Seniors Housing Inc reported income of $1.1m and spending of $1.1m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $51k to $1.1m (+2043%), an average of +115% a year. The sharpest change came in the year to December 2022, when income rose by 1632%. Over the whole period it spent 141% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Metropolitan Washington Orthodox Seniors Housing Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within MD. Charities of a similar size with the same main cause include Bridge Builders International ($1.1m), Strength of Israel Inc ($1.1m) and Presbyterian & Reformed Renewal Ministries International ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 98% of the total. At year end it held assets of $4.5m against liabilities of $3.1m, net assets of $1.4m.