Council of Unit Owners of Springdale Village Condominium Inc

Analysis

Council of Unit Owners of Springdale Village Condominium Inc is a registered charity in United States, based in Eldersburg, MD. It received its IRS tax-exemption ruling in August 1995, 31 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending December 2023, Council of Unit Owners of Springdale Village Condominium Inc reported income of $100k and spending of $104k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $101k to $100k (-0.3%), an average of -0.3% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Council of Unit Owners of Springdale Village Condominium Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 38th percentile within MD. Charities of a similar size with the same main cause include National Junior Basketball ($100k), PTA North Carolina Congress ($100k) and Royal Oak Football Teams Inc ($100k).

At year end it held assets of $293k against liabilities of $775, net assets of $292k.