Amish Mutual Mortgage Fund

Analysis

Amish Mutual Mortgage Fund is a registered charity in United States, based in Nappanee, IN. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Amish Mutual Mortgage Fund reported income of $4.5m and spending of $3.9m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $4.5m (+128%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 76%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Amish Mutual Mortgage Fund sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within IN. Charities of a similar size with the same main cause include Clal-The National Jewish Center for Learning and Leadership Inc ($4.5m), House of Mercy ($4.5m) and Masters International Ministries USA ($4.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 89% of the total. Compensation of current officers, directors and key employees was $54k (1.4% of expenses). At year end it held assets of $91.2m against liabilities of $90.5m, net assets of $714k.