Humility of Mary Housing Program

Analysis

Humility of Mary Housing Program is a registered charity in United States, based in Cuyahoga FLS, OH. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Humility of Mary Housing Program reported income of $3.0m and spending of $3.2m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $3.0m (+71%), an average of +14% a year. The sharpest change came in the year to June 2020, when income rose by 51%. 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, Humility of Mary Housing Program sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within OH. Charities of a similar size with the same main cause include Sierra Environmental & Social Service ($3.0m), Polk Education Foundation and Business Partnership Inc ($3.0m) and Comap Inc ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 34% of the total. Other salaries and wages came to $783k. At year end it held assets of $6.0m against liabilities of $789k, net assets of $5.2m. It reported 41 employees.