MM Senior Housing Inc

Analysis

MM Senior Housing Inc is a registered charity in United States, based in Brick, NJ. It received its IRS tax-exemption ruling in May 2015, 11 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 June 2023, MM Senior Housing Inc reported income of $493k and spending of $509k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $436k to $493k (+13%), an average of +3.1% a year. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, MM Senior Housing Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within NJ. Charities of a similar size with the same main cause include Beheard ($493k), Salishan Senior Housing ($493k) and Snapping Shoals Electric Trust Inc ($493k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $153k. At year end it held assets of $2.1m against liabilities of $2.1m, net assets of $4,182. It reported 4 employees.