Mission Carthage Inc

Analysis

Mission Carthage Inc is a registered charity in United States, based in Carthage, TX. It received its IRS tax-exemption ruling in July 2004, 22 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mission Carthage Inc reported income of $288k and spending of $329k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $353k to $288k (-19%), an average of -5.0% a year. The sharpest change came in the year to December 2021, when income dropped by 28%. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mission Carthage Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Park Avenue Thorpe Housing Development Fund Corporation ($288k), Habersham Homeless Ministries Inc ($288k) and Casitas Cash ($288k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $123k. At year end it held assets of $395k against liabilities of $7,568, net assets of $387k. It reported 6 employees.