Mennonite Home Association Inc

Analysis

Mennonite Home Association Inc is a registered charity in United States, based in Hannibal, MO. It received its IRS tax-exemption ruling in April 1960, 66 years ago. Its declared purposes cover health care, 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 September 2023, Mennonite Home Association Inc reported income of $9.0m and spending of $8.8m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $8.2m to $9.0m (+10.0%), an average of +2.4% a year. The sharpest change came in the year to September 2023, when income rose by 17%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mennonite Home Association Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within MO. Charities of a similar size with the same main cause include Corewell Health ($9.0m), Epic Community Services Inc ($9.0m) and Wesleylife ($9.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.0% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $190k (2.1% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $5.5m against liabilities of $2.8m, net assets of $2.7m. It reported 242 employees.