Mentone Garden Court Inc

Analysis

Mentone Garden Court Inc is a registered charity in United States, based in South Bend, IN. It received its IRS tax-exemption ruling in March 2008, 18 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, Mentone Garden Court Inc reported income of $124k and spending of $166k, spending 135% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $103k to $124k (+20%), an average of +4.6% a year. Over the whole period it spent 133% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mentone Garden Court Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within IN. Charities of a similar size with the same main cause include Fairview Family Estates ($124k), Cranford Affordable Senior Housing Corporation ($124k) and Indepedence Apartments Inc ($124k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 21% and program service revenue 77% of the total. At year end it held assets of $1.2m against liabilities of $34k, net assets of $1.1m.

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.