Melwood-Dolly Housing Inc

Analysis

Melwood-Dolly Housing Inc is a registered charity in United States, based in Columbia, MD. It received its IRS tax-exemption ruling in April 1999, 27 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 June 2023, Melwood-Dolly Housing Inc reported income of $115k and spending of $163k, spending 141% of what it took in. Across the 3 years on record, from June 2019 to June 2023, income grew from $114k to $115k (+1.2%), an average of +0.6% a year. Over the whole period it spent 128% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Melwood-Dolly Housing Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within MD. Charities of a similar size with the same main cause include Hope Center of Rutherford County Inc ($115k), Mental Health Center of Champaign County Housing Corporation ($116k) and Hoboken World War Veterans Holding ($115k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $40k. At year end it held assets of $727k against liabilities of $575k, net assets of $151k.

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.