AI Summary
POTOMAC RIVER HOMES INC is a nonprofit organization focused on housing development, dedicated to providing affordable housing to individuals who are chronically mentally disabled under Section 811 of the National Affordable Housing Act. With an operating budget of $215.2K and total revenue of $138.1K for the 2024 filing year, the organization plays a critical role in addressing housing needs within its community. It does not rely on a single funder for 50% or more of its revenue.
Mission Statement
TO PROVIDE AFFORDABLE HOUSING TO CHRONICALLY MENTALLY DISABLED UNDER SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT.
Cause Areas
1
Housing development
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is POTOMAC RIVER HOMES INC’s budget?
In 2024, POTOMAC RIVER HOMES INC reported an annual operating budget of around $215 thousand. More detailed financial information is available to registered users.
What causes does POTOMAC RIVER HOMES INC support?
POTOMAC RIVER HOMES INC supports work in Housing development.
Where does POTOMAC RIVER HOMES INC operate?
POTOMAC RIVER HOMES INC is headquartered in Frederick, MD.
What is POTOMAC RIVER HOMES INC’s reliance on government grants?
POTOMAC RIVER HOMES INC relied on government grants for more than 60% of their total revenue in 2024.