Methouse Inc

Analysis

Methouse Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in February 1983, 43 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 December 2023, Methouse Inc reported income of $723k and spending of $626k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $514k to $723k (+41%), an average of +8.9% a year. The sharpest change came in the year to December 2020, when income rose by 16%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Methouse Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within PA. Charities of a similar size with the same main cause include Green Mountain Carshare ($723k), CPC Foundation Inc ($723k) and Friends of Salt Springs Park Supporting Group ($723k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 57% of the total. Other salaries and wages came to $167k. At year end it held assets of $1.0m against liabilities of $2.0m, net assets of -$927k. It reported 8 employees.