Hickernell Homes Inc

Analysis

Hickernell Homes Inc is a registered charity in United States, based in Timonium, MD. It received its IRS tax-exemption ruling in March 1997, 29 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, Hickernell Homes Inc reported income of $95k and spending of $121k, spending 127% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $93k to $95k (+1.9%), an average of +0.5% a year. Over the whole period it spent 115% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hickernell Homes Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 37th percentile within MD. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($95k), Burke Place Apartments ($95k) and Belmont Place Senior Houing Inc ($95k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. At year end it held assets of $618k against liabilities of $172k, net assets of $446k.

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.