Micah House Inc

Analysis

Micah House Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 1989, 37 years ago. 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, Micah House Inc reported income of $120k and spending of $54k, leaving 55% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $95k to $120k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 50% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Micah House Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 22nd percentile within DC. Charities of a similar size with the same main cause include New Hartford Land Conservation Trust Inc ($120k), Arc of Hawaii Housing Project No 8 Incorporated ($120k) and The Pasadena Community Orchestra Foundation ($120k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 6.9% of the total. At year end it held assets of $524k against liabilities of $4,559, net assets of $519k.