Middle Way House Inc

Analysis

Middle Way House Inc is a registered charity in United States, based in Bloomington, IN. It received its IRS tax-exemption ruling in June 1973, 53 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Middle Way House Inc reported income of $2.0m and spending of $2.5m, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.0m (+4.5%), an average of +1.1% a year. The sharpest change came in the year to December 2020, when income rose by 36%. Over the whole period it spent 114% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Middle Way House Inc 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 86th percentile, and in the 87th percentile within IN. Charities of a similar size with the same main cause include Arise Lawrence County ($2.0m), Unbridledacts ($2.0m) and A New World Child Placement Agency ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $59k (2.3% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $6.7m against liabilities of $362k, net assets of $6.3m. It reported 95 employees.

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.