Mission First Housing Group Inc

Analysis

Mission First Housing Group Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in June 2013, 13 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 (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mission First Housing Group Inc reported income of $816k and spending of $1.1m, spending 131% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $235k to $816k (+247%), an average of +36% a year. The sharpest change came in the year to June 2022, when income rose by 194%. Over the whole period it spent 157% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mission First Housing Group Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include Hampton Manors Uaw Urban Renewal Housing Corp ($815k), Hhadc Incorporated ($816k) and Green Living Foundation ($815k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% of the total. Other salaries and wages came to $547k. At year end it held assets of $3.4m against liabilities of $4.6m, net assets of -$1.2m.