Mt Airy USA

Analysis

Mt Airy USA is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 1984, 42 years ago. 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 June 2023, Mt Airy USA reported income of $1.6m and spending of $1.8m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.8m to $1.6m (-9.4%), an average of -2.4% a year. The sharpest change came in the year to June 2021, when income rose by 61%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mt Airy USA sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within PA. Charities of a similar size with the same main cause include Eden Village of Tulsa ($1.6m), Properties TR ($1.6m) and Coming Home Network International ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $140k (7.9% of expenses). Other salaries and wages came to $404k. At year end it held assets of $4.9m against liabilities of $4.3m, net assets of $554k. It reported 14 employees.