Mishawum Park Tenants Association Inc

Analysis

Mishawum Park Tenants Association Inc is a registered charity in United States, based in Braintree, MA. It received its IRS tax-exemption ruling in March 1997, 29 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 September 2023, Mishawum Park Tenants Association Inc reported income of $5.0m and spending of $6.5m, spending 130% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.7m to $5.0m (+7.2%), an average of +1.8% a year. Over the whole period it spent 132% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mishawum Park Tenants Association Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MA. Charities of a similar size with the same main cause include CH Pennsylvania Under - 21 ($5.0m), Almost Home Inc ($5.0m) and Deborahs Place ($5.0m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $875k. At year end it held assets of $33.7m against liabilities of $27.7m, net assets of $6.0m.

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.