Mount Zion Housing Authority of Hammond Inc

Analysis

Mount Zion Housing Authority of Hammond Inc is a registered charity in United States, based in Hammond, IN. It received its IRS tax-exemption ruling in January 1982, 44 years ago. 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, Mount Zion Housing Authority of Hammond Inc reported income of $1.9m and spending of $1.8m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $1.9m (+5.0%), an average of +1.2% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mount Zion Housing Authority of Hammond Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within IN. Charities of a similar size with the same main cause include Maine Childrens Home for Little Wanderers ($1.9m), Operating Engineers Local 17 Training Fund ($1.9m) and Junior Golf Association of Arizona Inc ($1.9m).

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 $334k. At year end it held assets of $2.8m against liabilities of $4.6m, net assets of -$1.8m. It reported 8 employees.