Mountain United Church Housing Inc

Analysis

Mountain United Church Housing Inc is a registered charity in United States, based in Lakewood, CO. It received its IRS tax-exemption ruling in June 1964, 62 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mountain United Church Housing Inc reported income of $734k and spending of $2.9m, spending 401% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $2.5m to $734k (-71%), an average of -71% a year. The sharpest change came in the year to December 2023, when income dropped by 71%. Over the whole period it spent 123% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mountain United Church Housing Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within CO. Charities of a similar size with the same main cause include Natis House ($734k), Colony House Non-Profit Housing Corp ($735k) and Noelle Affordable Housing Corporation ($734k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.6% of the total. Compensation of current officers, directors and key employees was $804k (27% of expenses). Other salaries and wages came to $850k. At year end it held assets of $1.4m against liabilities of $2.2m, net assets of -$745k.