Fox Run Village Inc

Analysis

Fox Run Village Inc is a registered charity in United States, based in Catonsville, MD. It received its IRS tax-exemption ruling in November 2004, 22 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 December 2023, Fox Run Village Inc reported income of $71.6m and spending of $72.9m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $72.5m to $71.6m (-1.1%), an average of -0.3% a year. Over the whole period it spent 108% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Fox Run Village Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MD. Charities of a similar size with the same main cause include Allies Inc ($70.0m), Momentum Housing ($72.6m) and Buckner Retirement Services Inc ($69.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.3% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $437k (0.6% of expenses). Other salaries and wages came to $25.3m. At year end it held assets of $278.8m against liabilities of $310.3m, net assets of -$31.5m. It reported 1,119 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.