Gallagher Mansion Inc

Analysis

Gallagher Mansion Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in April 1994, 32 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, Gallagher Mansion Inc reported income of $473k and spending of $510k, spending 108% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income grew from $397k to $473k (+19%), an average of +4.4% a year. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Gallagher Mansion Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within MD. Charities of a similar size with the same main cause include Payson Regional Housing Development ($472k), South Sand Springs Senior Citizens Apartments Inc ($473k) and Habitat for Humanity International Inc ($472k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 76% and program service revenue 21% of the total. At year end it held assets of $2.1m against liabilities of $3.0m, net assets of -$921k.