Mackenzie Place 202-Ii

Analysis

Mackenzie Place 202-Ii is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in May 2012, 14 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Mackenzie Place 202-Ii reported income of $297k and spending of $379k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $222k to $297k (+34%), an average of +7.5% a year. Over the whole period it spent 142% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mackenzie Place 202-Ii sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within MO. Charities of a similar size with the same main cause include Baileys Grove Retirement Community Inc ($297k), Spring Park Senior Villa Inc ($298k) and Lutheran Housing Services Incorporated ($297k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 94% of the total. Other salaries and wages came to $93k. At year end it held assets of $3.5m against liabilities of $4.7m, net assets of -$1.2m. It reported 7 employees.

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.