Montgomery Housing Partnership Inc

Analysis

Montgomery Housing Partnership Inc is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in September 1989, 37 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 (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, Montgomery Housing Partnership Inc reported income of $2.3m and spending of $1.8m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.3m (+15%), an average of +3.5% a year. Over the whole period it spent 86% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Montgomery Housing Partnership Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MD. Charities of a similar size with the same main cause include Park of the Palms Inc ($2.3m), Irvine Community Land Trust ($2.3m) and River of Refuge ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $6.9m against liabilities of $4.0m, net assets of $2.9m.