Homeland Association Inc
EIN: 526054510 · Baltimore, MD
| Metric | Value |
|---|---|
| Total Revenue | $441K |
| Total Expenses | $380K |
| Net Assets | $958K |
Is Homeland Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Homeland Association Inc
Homeland Association Inc (EIN: 526054510) is a nonprofit organization based in Baltimore, MD. The organization reported total revenue of $441K and total assets of $994K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Homeland Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Homeland Association Inc is a small nonprofit that has been operating for 76 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $520K |
| Total Expenses | $380K |
| Surplus / Deficit | +$140K |
| Total Assets | $1.1M |
| Total Liabilities | $142K |
| Net Assets | $958K |
| Operating Margin | 26.9% |
| Debt-to-Asset Ratio | 12.9% |
| Months of Reserves | 34.7 months |
Financial Health Grade: A
In 2023, Homeland Association Inc reported a surplus of $140K with revenue exceeding expenses, holds 34.7 months of operating reserves (strong position), has a debt-to-asset ratio of 12.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Homeland Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +36.7% | -6.6% | +11.8% |
| 2022 | -14.5% | +0.4% | +0.5% |
| 2021 | +12.9% | +2.5% | +15.4% |
| 2020 | +1.1% | +25.7% | -1.7% |
| 2019 | +14.0% | +6.1% | +12.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1950 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Homeland Association Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Homeland Association Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $140K, with revenue exceeding expenses.
- Debt-to-asset ratio: 12.9%.
Frequently Asked Questions about Homeland Association Inc
Is Homeland Association Inc a legitimate charity?
Homeland Association Inc (EIN: 526054510) is a registered tax-exempt nonprofit based in Maryland. It has 13 years of IRS 990 filings on record. Total revenue: $441K. No red flags identified. Financial health grade: A.
How does Homeland Association Inc spend its money?
Homeland Association Inc reported $441K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Homeland Association Inc tax-deductible?
Homeland Association Inc is registered as a tax-exempt nonprofit (EIN: 526054510). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Homeland Association Inc located?
Homeland Association Inc is headquartered in Baltimore, Maryland and files with the IRS under EIN 526054510.
How many years of IRS 990 filings does Homeland Association Inc have?
Homeland Association Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $441K in total revenue.
Filing History
IRS 990 filing history for Homeland Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Homeland Association Inc's revenue has grown by 115.2%, moving from $241K to $520K. Total assets increased by 146.8% over the same period, from $446K to $1.1M. Total functional expenses rose by 110.9%, from $180K to $380K. In its most recent filing year (2023), Homeland Association Inc reported a surplus of $140K, with revenue exceeding expenses. The organization holds $142K in liabilities against $1.1M in assets (debt-to-asset ratio: 12.9%), resulting in net assets of $958K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $520K | $380K | $1.1M | $142K | — | — |
| 2022 | $380K | $407K | $984K | $159K | — | View 990 |
| 2021 | $444K | $405K | $980K | $121K | — | View 990 |
| 2020 | $394K | $396K | $849K | $25K | — | — |
| 2019 | $389K | $315K | $864K | $15K | — | — |
| 2018 | $341K | $297K | $767K | $27K | — | View 990 |
| 2017 | $289K | $293K | $695K | $0 | — | View 990 |
| 2016 | $269K | $192K | $694K | $0 | — | View 990 |
| 2015 | $257K | $213K | $617K | $0 | — | View 990 |
| 2014 | $251K | $214K | $572K | $0 | — | View 990 |
| 2013 | $253K | $178K | $536K | $0 | — | View 990 |
| 2012 | $247K | $232K | $460K | $0 | — | View 990 |
| 2011 | $241K | $180K | $446K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $520K, expenses of $380K, and assets of $1.1M (revenue +36.7% year-over-year).
- 2022: Revenue of $380K, expenses of $407K, and assets of $984K (revenue -14.5% year-over-year).
- 2021: Revenue of $444K, expenses of $405K, and assets of $980K (revenue +12.9% year-over-year).
- 2020: Revenue of $394K, expenses of $396K, and assets of $849K (revenue +1.1% year-over-year).
- 2019: Revenue of $389K, expenses of $315K, and assets of $864K (revenue +14.0% year-over-year).
- 2018: Revenue of $341K, expenses of $297K, and assets of $767K (revenue +18.0% year-over-year).
- 2017: Revenue of $289K, expenses of $293K, and assets of $695K (revenue +7.4% year-over-year).
- 2016: Revenue of $269K, expenses of $192K, and assets of $694K (revenue +4.8% year-over-year).
- 2015: Revenue of $257K, expenses of $213K, and assets of $617K (revenue +2.5% year-over-year).
- 2014: Revenue of $251K, expenses of $214K, and assets of $572K (revenue -0.8% year-over-year).
- 2013: Revenue of $253K, expenses of $178K, and assets of $536K (revenue +2.5% year-over-year).
- 2012: Revenue of $247K, expenses of $232K, and assets of $460K (revenue +2.2% year-over-year).
- 2011: Revenue of $241K, expenses of $180K, and assets of $446K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Homeland Association Inc:
Data Sources and Methodology
This transparency report for Homeland Association Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.