Willow Road Residents Association Inc

Analysis

Willow Road Residents Association Inc is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Willow Road Residents Association Inc reported income of $218k and spending of $178k, spending 82% of its income. Across the 3 years on record, from December 2020 to December 2022, income fell from $255k to $218k (-15%), an average of -7.5% a year. The sharpest change came in the year to December 2021, when income dropped by 19%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Willow Road Residents Association Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within MD. Charities of a similar size with the same main cause include Our Daily Bread Dining Room of Mot Inc ($218k), Kettleman City Foundation ($218k) and Full Circle Community Center ($218k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 2.8% and program service revenue 86% of the total. At year end it held assets of $141k against liabilities of $3,538, net assets of $138k.