Mason County Housing Options for Students in Transition

Analysis

Mason County Housing Options for Students in Transition is a registered charity in United States, based in Shelton, WA. It received its IRS tax-exemption ruling in July 2016, 10 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 2022, Mason County Housing Options for Students in Transition reported income of $323k and spending of $152k, leaving 53% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $217k to $323k (+49%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 68%. Over the whole period it spent 65% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mason County Housing Options for Students in Transition sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within WA. Charities of a similar size with the same main cause include Shadetree Historical Artisan Development Engine ($323k), Steger II Housing Development Fund Company Inc ($323k) and Cheyenne Senior Housing Inc ($323k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $71k (47% of expenses). Other salaries and wages came to $26k. At year end it held assets of $461k against liabilities of $14k, net assets of $448k. It reported 7 employees.