Belvedere Real Care Providers Network Inc

Analysis

Belvedere Real Care Providers Network Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 December 2023, Belvedere Real Care Providers Network Inc reported income of $268k and spending of $273k, spending 102% of its income. Across the 5 years on record, from December 2018 to December 2023, income grew from $210k to $268k (+27%), an average of +6.3% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Belvedere Real Care Providers Network Inc sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within MD. Charities of a similar size with the same main cause include Allston Village Main Streets Inc ($268k), Equidad Atx Inc ($268k) and Coastal Communities Family Success Center Inc ($268k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.7% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $24k (9.0% of expenses). At year end it held assets of $33k against liabilities of $143k, net assets of -$109k. It reported 1 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.