Washington-allegany Residence Inc is a 501(c)(3) organization based in Frederick, Maryland, registered in 1984, with $181,254 in FY2024 revenue. CharityIndex grades it C.
Revenue (FY2024)
$181K
▲ 3.8% vs prior year
Expenses (FY2024)
$171K
Net assets
$5,649
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Washington-allegany Residence Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Washington-allegany Residence Inc: 0 mo reserves · +6% margin earns a C on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Washington-allegany Residence Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Washington-allegany Residence Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $156K (FY2010) to $181K (FY2024) across 15 reported years.
Financial snapshot
Operating margin
5.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$187K
Total liabilities
$182K
Net assets
$5,649
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $181,254▲3.8% | $170,833▲12.5% | $5,649▲218% | $187,488▼8.2% | 990EZ |
| 2023 | $174,674▲6.5% | $151,819▼1.9% | -$4,772▲82.7% | $204,283▼3.3% | 990EZ |
| 2022 | $163,939▲0.6% | $154,743▲5.6% | -$27,627▲16.5% | $211,217▼3.3% | 990EZ |
| 2021 | $163,026▲4.2% | $146,556▼4.8% | -$33,074▲33.2% | $218,408▼2.5% | 990EZ |
| 2020 | $156,458▼1.8% | $153,898▲7.0% | -$49,544▲4.9% | $223,989▼7.5% | 990EZ |
| 2019 | $159,264▲1.0% | $143,880▼5.4% | -$52,104▲22.8% | $242,128▼2.1% | 990EZ |
| 2018 | $157,719▼2.5% | $152,080▲4.9% | -$67,488▼15.2% | $247,359▼11.6% | 990EZ |
| 2017 | $161,800▲10.9% | $145,013▼2.1% | -$58,591▲22.3% | $279,901▲0.7% | 990EZ |
| 2016 | $145,862▼4.6% | $148,126▲1.9% | -$75,378▼3.1% | $277,994▼10.8% | 990EZ |
| 2015 | $152,948▼2.6% | $145,319▼2.4% | -$73,114▲9.4% | $311,749▲4.8% | 990EZ |
| 2014 | $157,068▲0.4% | $148,928▼5.5% | -$80,743▲9.2% | $297,387▼3.0% | 990EZ |
| 2013 | $156,365▲19.1% | $157,593▲1.8% | -$88,883▼1.4% | $306,442▼4.2% | 990EZ |
| 2012 | $131,266▼8.6% | $154,871▲6.7% | -$87,655▼36.9% | $319,716▼10.1% | 990EZ |
| 2011 | $143,586▼7.7% | $145,079▼5.0% | -$64,050▼2.4% | $355,734▼3.9% | 990EZ |
| 2010 | $155,596 | $152,714 | -$62,557 | $370,240 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Explore more
Data for Washington-allegany Residence Inc (EIN 52-1297274) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.