Mt Pleasant Home

Analysis

Mt Pleasant Home is a registered charity in United States, based in Dubuque, IA. It received its IRS tax-exemption ruling in February 1942, 84 years ago. 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, Mt Pleasant Home reported income of $854k and spending of $827k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $729k to $854k (+17%), an average of +4.1% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mt Pleasant Home sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within IA. Charities of a similar size with the same main cause include Carolina Regional Volleyball Association ($854k), Boots for Troops ($854k) and Klamath Crisis Center ($854k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.5% and program service revenue 62% of the total. Other salaries and wages came to $444k. At year end it held assets of $4.7m against liabilities of $13k, net assets of $4.6m. It reported 30 employees.