MJF Housing No 2 Inc

Analysis

MJF Housing No 2 Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, MJF Housing No 2 Inc reported income of $108k and spending of $141k, spending 130% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $111k to $108k (-2.4%), an average of -0.6% a year. Over the whole period it spent 122% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, MJF Housing No 2 Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within WI. Charities of a similar size with the same main cause include South Carthage Manor Inc ($108k), Our Lady of Consolation Apartments Inc ($108k) and Family Promise of Grant County Inc ($108k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 68% of the total. At year end it held assets of $792k against liabilities of $16k, net assets of $776k.

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.