Mackenzie Place 202

Analysis

Mackenzie Place 202 is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in November 2010, 16 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, Mackenzie Place 202 reported income of $322k and spending of $456k, spending 142% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $258k to $322k (+25%), an average of +5.7% a year. Over the whole period it spent 158% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mackenzie Place 202 sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within MO. Charities of a similar size with the same main cause include Arizona Fair Housing Center ($322k), The Admiral at the Lake Foundation ($322k) and Appalachian Opportunity Fund ($322k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 95% of the total. Other salaries and wages came to $108k. At year end it held assets of $3.4m against liabilities of $5.1m, net assets of -$1.7m. It reported 8 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.