Glen Burnie Senior Housing Inc

Analysis

Glen Burnie Senior Housing Inc is a registered charity in United States, based in Timonium, MD. It received its IRS tax-exemption ruling in January 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Glen Burnie Senior Housing Inc reported income of $681k and spending of $802k, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $615k to $681k (+11%), an average of +2.6% a year. Over the whole period it spent 121% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Glen Burnie Senior Housing Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within MD. Charities of a similar size with the same main cause include Impact Missions ($681k), Justice for All NW Iowa Chapter ($681k) and William Hodson Community Center Inc ($681k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% and program service revenue 37% of the total. Other salaries and wages came to $222k. At year end it held assets of $3.0m against liabilities of $5.8m, net assets of -$2.9m.

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.