Harriet Lane Home for Invalid Children of Baltimore City

Analysis

Harriet Lane Home for Invalid Children of Baltimore City is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in January 1935, 91 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Harriet Lane Home for Invalid Children of Baltimore City reported income of $619k and spending of $683k, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $865k to $619k (-28%), an average of -8.0% a year. The sharpest change came in the year to June 2020, when income rose by 114%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Harriet Lane Home for Invalid Children of Baltimore City sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MD. Charities of a similar size with the same main cause include Daughters of Sarah Jewish Foundation Inc ($619k), Grundy County Memorial Hospital Foundation ($619k) and Cove Valley Christian Youth Camp ($619k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% of the total. At year end it held assets of $10.8m against liabilities of $0, net assets of $10.8m.