Midham Homes Inc

Analysis

Midham Homes Inc is a registered charity in United States, based in Lebanon, OH. It received its IRS tax-exemption ruling in November 2001, 25 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 June 2024, Midham Homes Inc reported income of $206k and spending of $184k, spending 90% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $128k to $206k (+60%), an average of +9.9% a year. The sharpest change came in the year to June 2020, when income rose by 41%. Over the whole period it spent 91% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Midham Homes Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within OH. Charities of a similar size with the same main cause include Building Shalom Incorporated ($205k), Stillaguamish Gardens ($206k) and Marion West Inc ($205k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $44k. At year end it held assets of $411k against liabilities of $227k, net assets of $183k.