Mirci Group Homes Inc

Analysis

Mirci Group Homes Inc is a registered charity in United States, based in Chesterfield, SC. It received its IRS tax-exemption ruling in March 2005, 21 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 June 2024, Mirci Group Homes Inc reported income of $69k and spending of $80k, spending 115% of what it took in. Across the 6 years on record, from December 2019 to June 2024, income fell from $103k to $69k (-33%), an average of -7.7% a year. The sharpest change came in the year to June 2024, when income dropped by 46%. Over the whole period it spent 121% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mirci Group Homes Inc sits at the 15th percentile: it is larger than about 15% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 33rd percentile within SC. Charities of a similar size with the same main cause include Mt View Estates Inc ($69k), Centennial Housing Inc ($69k) and Laurel Court Inc ($69k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 61% and program service revenue 38% of the total. Other salaries and wages came to $1,428. At year end it held assets of $675k against liabilities of $846k, net assets of -$171k.