MP Housing Inc

Analysis

MP Housing Inc is a registered charity in United States, based in Nashua, NH. It received its IRS tax-exemption ruling in February 2002, 24 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, MP Housing Inc reported income of $133k and spending of $198k, spending 149% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $134k to $133k (-0.8%), an average of -0.2% a year. The sharpest change came in the year to December 2022, when income dropped by 30%. Over the whole period it spent 118% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, MP Housing Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 45th percentile within NH. Charities of a similar size with the same main cause include South 7 Senior Housing ($133k), Mother Teresa Villa Inc ($133k) and Liberty Apartments Inc ($133k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 49% of the total. At year end it held assets of $1.0m against liabilities of $28k, net assets of $1.0m.