Metropolitan Tenants Organization

Analysis

Metropolitan Tenants Organization is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 1985, 41 years ago. 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 2023, Metropolitan Tenants Organization reported income of $803k and spending of $796k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $563k to $803k (+43%), an average of +9.3% a year. The sharpest change came in the year to June 2021, when income rose by 54%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Metropolitan Tenants Organization sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within IL. Charities of a similar size with the same main cause include California School Age Consortium ($803k), Oregon Daycare Inc ($803k) and M O T Senior Center Inc ($803k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $84k (11% of expenses). Other salaries and wages came to $436k. At year end it held assets of $818k against liabilities of $122k, net assets of $696k. It reported 14 employees.