Menno Benevolent Association Inc

Analysis

Menno Benevolent Association Inc is a registered charity in United States, based in Kokomo, IN. It received its IRS tax-exemption ruling in October 1978, 48 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, Menno Benevolent Association Inc reported income of $710k and spending of $606k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $678k to $710k (+4.8%), an average of +1.2% a year. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Menno Benevolent Association Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within IN. Charities of a similar size with the same main cause include Coalition for Compassion and Justice ($710k), Evergreen Commons Inc ($711k) and Progressive Eldercare Services Greene Inc ($710k).

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 $215k. At year end it held assets of $1.3m against liabilities of $1.8m, net assets of -$529k. It reported 6 employees.