Marshall County Homeless Ministries

Analysis

Marshall County Homeless Ministries is a registered charity in United States, based in Guntersville, AL. It received its IRS tax-exemption ruling in September 2014, 12 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, Marshall County Homeless Ministries reported income of $282k and spending of $245k, spending 87% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $180k to $282k (+57%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 22%. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Marshall County Homeless Ministries sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within AL. Charities of a similar size with the same main cause include Senior Citizens Housing of Moore Ok ($282k), Home for Good of Eau Claire Inc ($283k) and Grace Community Housing ($282k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. Other salaries and wages came to $61k. At year end it held assets of $362k against liabilities of $3,435, net assets of $359k. It reported 12 employees.