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Making a Way Housing Inc

RegisteredEIN 16-1644159Atlanta, GAHealth and saving lives
Income$559k2023-12
Spending$526ksame year
Spent / received93%5-year average
Size in its cause57th pctHealth and saving lives
Exempt since2003Publicly supported organisat
Employees5latest return

Analysis

Making a Way Housing Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in February 2003, 23 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 (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, Making a Way Housing Inc reported income of $559k and spending of $526k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $785k to $559k (-29%), an average of -8.1% a year. The sharpest change came in the year to December 2022, when income dropped by 37%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Making a Way Housing Inc sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within GA. Charities of a similar size with the same main cause include Outcare Health Inc ($558k), Seven Flags Regional Advisory Council Trauma Service Area T ($559k) and Merediths Miracles Inc ($558k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.7% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $86k (16% of expenses). Other salaries and wages came to $85k. At year end it held assets of $1.8m against liabilities of $77k, net assets of $1.7m. It reported 5 employees.

Income and spending

$0$246k$493k$739k$986k2019 Income: $784,9142019 Spending: $645,72320192020 Income: $912,2152020 Spending: $985,78620202021 Income: $812,3632021 Spending: $577,09620212022 Income: $508,6402022 Spending: $599,51220222023 Income: $558,6762023 Spending: $526,4342023
IncomeSpending

Where the income comes from

  • Contributions & grants 7.7%
  • Program services 92%

Similar-sized charities, same cause

CharityLocationIncome
Outcare Health IncIndianapolis$558k
Seven Flags Regional Advisory Council Trauma Service Area TLaredo$559k
Merediths Miracles IncAndalusia$558k
Community Access National NetworkSlidell$559k