Marysville Housing II Inc

Analysis

Marysville Housing II Inc is a registered charity in United States, based in Marysville, OH. It received its IRS tax-exemption ruling in October 1995, 31 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 December 2023, Marysville Housing II Inc reported income of $226k and spending of $276k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $228k to $226k (-0.7%), an average of -0.2% a year. Over the whole period it spent 114% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Marysville Housing II Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within OH. Charities of a similar size with the same main cause include Senior Living Alternatives Inc ($226k), Kingswood Senior Living Community Foundation ($226k) and Webster Terrace Housing Development Fund Company Inc ($226k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $944k against liabilities of $1.9m, net assets of -$967k.

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.