Mt View Estates Inc

Analysis

Mt View Estates Inc is a registered charity in United States, based in Harrison, AR. It received its IRS tax-exemption ruling in October 2019, 7 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mt View Estates Inc reported income of $69k and spending of $94k, spending 135% of what it took in. Across the 6 years on record, from December 2017 to December 2023, income grew from $42k to $69k (+63%), an average of +10% 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, Mt View Estates Inc sits at the 15th percentile: it is larger than about 15% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within AR. Charities of a similar size with the same main cause include Laurel Court Inc ($69k), Mirci Group Homes Inc ($69k) and New Gary Community Development Corp ($69k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 57% of the total. Other salaries and wages came to $9,600. At year end it held assets of $930k against liabilities of $5,561, net assets of $925k.

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.