40 West Assistance & Referral Inc

Analysis

40 West Assistance & Referral Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in May 1997, 29 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 December 2023, 40 West Assistance & Referral Inc reported income of $79k and spending of $87k, spending 110% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $91k to $79k (-13%), an average of -7.0% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, 40 West Assistance & Referral Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within MD. Charities of a similar size with the same main cause include A Child Lives ($79k), Bankruptcy Bar Foundation of the Southern District of Florida Inc ($79k) and Friendship House Adult Day Services Inc ($79k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $22k (25% of expenses). At year end it held assets of $251k against liabilities of $727, net assets of $250k. It reported 1 employees.