Mha Fairfield Commons I Inc

Analysis

Mha Fairfield Commons I Inc is a registered charity in United States, based in Trumbull, CT. It received its IRS tax-exemption ruling in May 2018, 8 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, Mha Fairfield Commons I Inc reported income of $96k and spending of $120k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $75k to $96k (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2020, when income rose by 20%. Over the whole period it spent 134% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mha Fairfield Commons I Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within CT. Charities of a similar size with the same main cause include Elloree Smith Senior Living Inc ($96k), Pacific Community Services Inc ($96k) and Wood County Village II Inc ($96k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. At year end it held assets of $1.4m against liabilities of $152k, net assets of $1.3m.

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.