Arundel House of Hope Incorporated

Analysis

Arundel House of Hope Incorporated is a registered charity in United States, based in Glen Burnie, MD. It received its IRS tax-exemption ruling in October 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 June 2024, Arundel House of Hope Incorporated reported income of $1.7m and spending of $1.7m, spending 102% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.4m to $1.7m (+19%), an average of +3.5% a year. The sharpest change came in the year to June 2021, when income rose by 33%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Arundel House of Hope Incorporated 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 84th percentile, and in the 83rd percentile within MD. Charities of a similar size with the same main cause include City Ministries ($1.7m), Aging Services Inc ($1.7m) and Arms Around You Foundation ($1.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% and program service revenue 8.6% of the total. Compensation of current officers, directors and key employees was $169k (10% of expenses). Other salaries and wages came to $448k. At year end it held assets of $2.4m against liabilities of $1.2m, net assets of $1.2m. It reported 23 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.