Midlands Housing Trust Fund

Analysis

Midlands Housing Trust Fund is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in August 2011, 15 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 June 2023, Midlands Housing Trust Fund reported income of $621k and spending of $182k, leaving 71% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $131k to $621k (+373%), an average of +48% a year. The sharpest change came in the year to June 2022, when income rose by 300%. Over the whole period it spent 38% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Midlands Housing Trust Fund sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within SC. Charities of a similar size with the same main cause include Washington Masonic Charities ($621k), Gateway Housing Group ($622k) and Ahepa One Inc ($621k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 13% of the total. Other salaries and wages came to $60k. At year end it held assets of $3.0m against liabilities of $846k, net assets of $2.1m. It reported 1 employees.