MCRC Housing Inc

Analysis

MCRC Housing Inc is a registered charity in United States, based in Galesburg, IL. It received its IRS tax-exemption ruling in May 1989, 37 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, MCRC Housing Inc reported income of $186k and spending of $256k, spending 137% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $212k to $186k (-12%), an average of -4.2% a year. Over the whole period it spent 117% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, MCRC Housing Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within IL. Charities of a similar size with the same main cause include Center for Pregnancy Choices ($186k), International Union of Physiological Sciences ($186k) and Wayne County Memorial Hospital Auxiliary ($186k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $45k. At year end it held assets of $268k against liabilities of $898k, net assets of -$630k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.