Missionary Furlough Homes Foundation

Analysis

Missionary Furlough Homes Foundation is a registered charity in United States, based in Wheaton, IL. It received its IRS tax-exemption ruling in August 1965, 61 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, Missionary Furlough Homes Foundation reported income of $371k and spending of $381k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $281k to $371k (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2021, when income rose by 264%. Over the whole period it spent 56% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Missionary Furlough Homes Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within IL. Charities of a similar size with the same main cause include Asi Homes Inc ($371k), Yellow Door Foundation Inc ($371k) and Golden Gate Adult Rehabililition Minestry ($371k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. At year end it held assets of $1.7m against liabilities of $127k, net assets of $1.6m.