MSW Projects of Henry Illinois

Analysis

MSW Projects of Henry Illinois is a registered charity in United States, based in Henry, IL. It received its IRS tax-exemption ruling in February 1994, 32 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 September 2023, MSW Projects of Henry Illinois reported income of $938k and spending of $857k, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $619k to $938k (+51%), an average of +11% a year. The sharpest change came in the year to September 2020, when income rose by 23%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, MSW Projects of Henry Illinois sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within IL. Charities of a similar size with the same main cause include Presbyterian Medical Care Mission ($938k), We Care of Grundy County Inc ($938k) and St Pauls Gardens Housing Developement Fund Company Inc ($938k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 91% and program service revenue 8.9% of the total. Other salaries and wages came to $352k. At year end it held assets of $845k against liabilities of $30k, net assets of $815k. It reported 20 employees.