Morton County Housing Corporation

Analysis

Morton County Housing Corporation is a registered charity in United States, based in Mandan, ND. It received its IRS tax-exemption ruling in April 1994, 32 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 December 2023, Morton County Housing Corporation reported income of $1.2m and spending of $950k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.2m (+13%), an average of +3.1% a year. Over the whole period it spent 85% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Morton County Housing Corporation sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within ND. Charities of a similar size with the same main cause include Ncba Housing Development Corporation of the District of Col ($1.2m), T a P Inc ($1.2m) and South Brunswick Community Development Corporation ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $205k. At year end it held assets of $3.3m against liabilities of $80k, net assets of $3.2m. It reported 4 employees.