Mitchell Housing Corporation

Analysis

Mitchell Housing Corporation is a registered charity in United States, based in Oceanside, CA. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Mitchell Housing Corporation reported income of $121k and spending of $140k, spending 115% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $84k to $121k (+44%), an average of +7.5% a year. The sharpest change came in the year to June 2024, when income rose by 22%. Over the whole period it spent 118% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mitchell Housing Corporation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Raising Relief ($121k), Ablepay Inc ($121k) and Steve Austin Facility of Charleston ($121k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 82% and program service revenue 18% of the total. At year end it held assets of $192k against liabilities of $142k, net assets of $50k.

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.