Central Union Mission
Analysis
Central Union Mission is a registered charity in United States, based in Riverdale, MD. It received its IRS tax-exemption ruling in February 1942, 84 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 2024, Central Union Mission reported income of $20.7m and spending of $20.0m, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $16.8m to $20.7m (+23%), an average of +5.3% a year. The sharpest change came in the year to June 2021, when income rose by 32%. Over the whole period it spent 85% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Central Union Mission sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MD. Charities of a similar size with the same main cause include A Community of Friends ($20.5m), Moosehaven Inc ($20.7m) and Alfa Development Inc ($20.5m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% and program service revenue 5.0% of the total. Compensation of current officers, directors and key employees was $504k (2.5% of expenses). Other salaries and wages came to $3.2m. It paid $906k in professional fundraising fees. At year end it held assets of $27.9m against liabilities of $1.5m, net assets of $26.3m. It reported 120 employees.
Income and spending
Where the income comes from
- Contributions & grants 93%
- Program services 5.0%
- Other 2.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| A Community of Friends | Los Angeles | $20.5m |
| Moosehaven Inc | Orange Park | $20.7m |
| Alfa Development Inc | Newfoundland | $20.5m |
| Covenant Living at the Holmstad | Batavia | $20.7m |