Mama TS Inc

Analysis

Mama TS Inc is a registered charity in United States, based in Ada, OK. It received its IRS tax-exemption ruling in October 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 (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, Mama TS Inc reported income of $396k and spending of $321k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $233k to $396k (+70%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mama TS Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within OK. Charities of a similar size with the same main cause include Kimble-Dover Street Apartments Inc ($396k), New Bern Older Adult Housing Incorported ($396k) and PH Affordable Housing Fund Inc ($396k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 14% of the total. Other salaries and wages came to $151k. At year end it held assets of $851k against liabilities of $6,778, net assets of $844k. It reported 7 employees.