Greenmount Senior Center Inc

Analysis

Greenmount Senior Center Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2024, Greenmount Senior Center Inc reported income of $124k and spending of $167k, spending 135% of what it took in. Across the 6 years on record, from September 2019 to September 2024, income grew from $104k to $124k (+19%), an average of +3.6% a year. The sharpest change came in the year to September 2023, when income rose by 200%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Greenmount Senior Center Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 43rd percentile within MD. Charities of a similar size with the same main cause include Berean Outreach Ministry Inc ($124k), Sunday Westchester Farmers Market ($124k) and Pawsitively 4 Pink ($124k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $60k (36% of expenses). Other salaries and wages came to $11k. At year end it held assets of $796k against liabilities of $0, net assets of $796k. It reported 2 employees.