Muskingum Residentials Inc

Analysis

Muskingum Residentials Inc is a registered charity in United States, based in Zanesville, OH. It received its IRS tax-exemption ruling in October 1982, 44 years ago. 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 December 2023, Muskingum Residentials Inc reported income of $1.6m and spending of $1.7m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.6m (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Muskingum Residentials Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within OH. Charities of a similar size with the same main cause include Urban Roots MN ($1.6m), First3years ($1.6m) and International Evangelism Association ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $95k (5.6% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.3m against liabilities of $70k, net assets of $1.2m. It reported 38 employees.