Multiple Sclerosis Housing Inc
Analysis
Multiple Sclerosis Housing Inc is a registered charity in United States, based in Collingswood, NJ. It received its IRS tax-exemption ruling in January 1984, 42 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 June 2023, Multiple Sclerosis Housing Inc reported income of $753k and spending of $689k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $699k to $753k (+7.8%), an average of +1.9% a year. Over the whole period it spent 95% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Multiple Sclerosis Housing Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within NJ. Charities of a similar size with the same main cause include Capital Medical Society Foundation Inc ($753k), Faithful Path International Ministries ($754k) and Foundation of Orthopedics and Complex Spine Inc ($753k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Other salaries and wages came to $145k. At year end it held assets of $2.8m against liabilities of $1.6m, net assets of $1.2m.
Income and spending
Where the income comes from
- Contributions & grants 83%
- Program services 17%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Capital Medical Society Foundation Inc | Tallahassee | $753k |
| Faithful Path International Ministries | McAllen | $754k |
| Foundation of Orthopedics and Complex Spine Inc | Garden City | $753k |
| Jireh Providers | Lemon Grove | $754k |