Melinda S Moore Housing Inc

Analysis

Melinda S Moore Housing Inc is a registered charity in United States, based in Washington, NC. It received its IRS tax-exemption ruling in October 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Melinda S Moore Housing Inc reported income of $401k and spending of $492k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $352k to $401k (+14%), an average of +3.4% 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, Melinda S Moore Housing Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within NC. Charities of a similar size with the same main cause include Lillie Joe Windley Housing Inc ($401k), Ryder Assisted Care Inc ($401k) and Mock Place Inc ($401k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. At year end it held assets of $4.1m against liabilities of $5.2m, net assets of -$1.1m.

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.