The Cavanagh House

Analysis

The Cavanagh House is a registered charity in United States, based in Reisterstown, MD. It received its IRS tax-exemption ruling in February 2019, 7 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 December 2023, The Cavanagh House reported income of $425k and spending of $375k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $108k to $425k (+293%), an average of +293% a year. The sharpest change came in the year to December 2023, when income rose by 293%. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, The Cavanagh House sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within MD. Charities of a similar size with the same main cause include 419 Walnut Inc ($425k), 1360 Nelson Avenue HDFC ($426k) and Luther House IV Inc ($425k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $43k (11% of expenses). Other salaries and wages came to $181k. At year end it held assets of $87k against liabilities of $4,968, net assets of $82k. It reported 3 employees.