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Passes our checks

Homes for Laurel Inc

EIN 52-2258799 · Annapolismd, MD

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak30 out of 100GovernanceStrong94 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • It owes more than it owns.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

HOMES FOR LAUREL, INC. WAS INCORPORATED FOR THE PURPOSE OF DEVELOPING AND PRESERVING HOUSING FOR LOW INCOME AND MODERATE INCOME ELDERLY.

Income
$190,051
Spending
$233,758
Spent on programs
91%
Reserves
-94.3 months of spending
Largest source of income
fees for its services, 99%
Employees
0
Volunteers
7
Highest pay
$287,750, vice president & director

Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 30 out of 100. Higher than 9% of charities in its peer group (human services, under $250k).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    0 of 20

    It owes 175% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 23% of income.

  • Income trend

    15 of 15

    Income rose 3% on the year before.

  • Spending floor

    15 of 15

    91% of spending went to programs.

Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 94 out of 100. Higher than 88% of charities in its peer group (human services, under $250k).

  • Independent board

    25 of 25

    7 of 9 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $212,075 spent. 21 UNITS OF HOUSING SERVING SENIOR CITIZENS UNDER SECTION 202 OF THEFEDERAL HOUSING ACT OF 1959. SERVICES, IN ADDITION TO HOUSING,INCLUDE MONTHLY CONTINENTAL BREAKFAST, PARTNERSHIP WITHSALVATION ARMY TO PROVIDE FREE WEEKDAY MEALS INCLUDINGTRANSPORTATION, MEALS ON WHEELS, MONTHLY DELAWARE FOOD BANKDONATIONS, ON-SITE BUS STOP, COMPUTER LAB, MONTHLY ON-SITE MOBILEHEALTH UNIT FOR VACCINATIONS AND WELLNESS CHECKS, WELLNESSEDUCATION OPPORTUNITIES, LENDING LIBRARY, AND ENERGY ASSISTANCE. AVARIETY OF SOCIAL PROGRAMS ARE ALSO PROVIDED, WHICH INCLUDE BINGO,ARTS AND CRAFTS, SEASONAL LUNCHEONS, BRUNCHES, AND COOKOUTS,AND WEEKDAY TRANSPORTATION TO THE LAUREL SENIOR CENTER. REGULARRESIDENT MEETINGS TO HELP MONITOR ACTIVITIES AND SERVICES ARE HELD.

Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending March 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since September 2000.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.