Mha Merton House LLC

Analysis

Mha Merton House LLC is a registered charity in United States, based in Trumbull, CT. It received its IRS tax-exemption ruling in September 2014, 12 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, Mha Merton House LLC reported income of $468k and spending of $939k, spending 200% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $412k to $468k (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 197% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mha Merton House LLC sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within CT. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($468k), Lifeline for Families Inc ($469k) and Brookset Housing Development Fund Corporation ($468k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 14% of the total. At year end it held assets of $4.4m against liabilities of $9.3m, net assets of -$5.0m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.