MCH Inc

Analysis

MCH Inc is a registered charity in United States, based in Rockland, ME. It received its IRS tax-exemption ruling in November 1966, 60 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2023, MCH Inc reported income of $1.4m and spending of $1.3m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.4m (+20%), an average of +4.6% a year. Over the whole period it spent 86% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, MCH Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within ME. Charities of a similar size with the same main cause include Mdbm-Drake Senior Housing Corporation ($1.4m), LSS Foundation Inc ($1.4m) and Hale Mahaolu Akahi Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $94k (7.2% of expenses). Other salaries and wages came to $475k. At year end it held assets of $3.1m against liabilities of $456k, net assets of $2.7m. It reported 23 employees.