Montgomery Supported Housing Inc

Analysis

Montgomery Supported Housing Inc is a registered charity in United States, based in Conroe, TX. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Montgomery Supported Housing Inc reported income of $199k and spending of $240k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $161k to $199k (+24%), an average of +5.5% a year. Over the whole period it spent 125% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Montgomery Supported Housing Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within TX. Charities of a similar size with the same main cause include Cooperativa Las Tres Palmas ($199k), Mountclef Community Association ($200k) and Tuscarawas Affordable Housing Services Corporation ($199k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $65k. At year end it held assets of $1.6m against liabilities of $54k, net assets of $1.6m. It reported 4 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.