Mmiii Inc

Analysis

Mmiii Inc is a registered charity in United States, based in Canton, OH. It received its IRS tax-exemption ruling in August 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, Mmiii Inc reported income of $324k and spending of $406k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $269k to $324k (+20%), an average of +4.8% a year. Over the whole period it spent 124% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mmiii Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within OH. Charities of a similar size with the same main cause include Housing 4 the Homeless ($324k), The Union Club of Springfield Ohio ($325k) and Habitat for Humanity International Inc ($324k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 97% of the total. Other salaries and wages came to $75k. At year end it held assets of $1.9m against liabilities of $85k, net assets of $1.8m. It reported 5 employees.

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.