Mount Blue Housing Inc
Analysis
Mount Blue Housing Inc is a registered charity in United States, based in Lewiston, ME. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Mount Blue Housing Inc reported income of $78k and spending of $73k, spending 93% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $78k to $78k (+0.4%), an average of +0.4% a year. Over the whole period it spent 96% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mount Blue Housing Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 23rd percentile within ME. Charities of a similar size with the same main cause include Low Income Family Empowerment Inc ($78k), Old McDonalds Farm Inc ($78k) and Emergency Christian Ministries Inc ($78k).
On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 73% and program service revenue 26% of the total. At year end it held assets of $233k against liabilities of $22k, net assets of $212k.
Income and spending
Where the income comes from
- Contributions & grants 73%
- Program services 26%
- Other 1.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Low Income Family Empowerment Inc | Westminster | $78k |
| Old McDonalds Farm Inc | Corbett | $78k |
| Emergency Christian Ministries Inc | Williamsburg | $78k |
| Farmers Market of Paris and | Paris | $78k |