Stansbury Homes Inc

Analysis

Stansbury Homes Inc is a registered charity in United States, based in Timonium, MD. It received its IRS tax-exemption ruling in February 1996, 30 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 June 2023, Stansbury Homes Inc reported income of $158k and spending of $135k, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $150k to $158k (+5.2%), an average of +1.3% a year. Over the whole period it spent 89% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Stansbury Homes Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 49th percentile within MD. Charities of a similar size with the same main cause include Virginia Crest Village Inc ($158k), LMHC Properties Inc ($158k) and Farmville United Methodist Housing Corporation ($158k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. At year end it held assets of $543k against liabilities of $25k, net assets of $518k.