Mainstay Supportive Housing & Home Care

Analysis

Mainstay Supportive Housing & Home Care is a registered charity in United States, based in Newton, MA. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 2023, Mainstay Supportive Housing & Home Care reported income of $2.3m and spending of $2.4m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $2.3m (+25%), an average of +5.8% a year. The sharpest change came in the year to June 2020, when income rose by 20%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mainstay Supportive Housing & Home Care sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MA. Charities of a similar size with the same main cause include Good Shepherd Free Medical Clinic of Laurens County ($2.3m), Patients for Affordable Drugs ($2.3m) and Northern Michigan Substance Abuse Services Inc ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $1.3m against liabilities of $1.7m, net assets of -$397k. It reported 71 employees.