Episcopal Housing Corporation

Analysis

Episcopal Housing Corporation is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in September 1995, 31 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 (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, Episcopal Housing Corporation reported income of $1.9m and spending of $1.4m, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $1.9m (+7.6%), an average of +1.8% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 66% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Episcopal Housing Corporation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MD. Charities of a similar size with the same main cause include Harvard Plaza Inc ($1.9m), Colorado Homeless Families Inc ($1.9m) and Habitat for Humanity International Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $310k (23% of expenses). Other salaries and wages came to $213k. At year end it held assets of $11.0m against liabilities of $2.0m, net assets of $9.0m. It reported 7 employees.