Mountain View Housing Inc

Analysis

Mountain View Housing Inc is a registered charity in United States, based in Canton, NC. It received its IRS tax-exemption ruling in November 1982, 44 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 August 2024, Mountain View Housing Inc reported income of $831k and spending of $802k, spending 96% of its income. Across the 5 years on record, from August 2020 to August 2024, income grew from $659k to $831k (+26%), an average of +6.0% a year. The sharpest change came in the year to August 2022, when income rose by 18%. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mountain View Housing Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within NC. Charities of a similar size with the same main cause include Fairview Park Senior Apartment Corporation ($831k), Mar Vista Eldorado Inc ($832k) and Kekaulike Courtyards Corporation ($831k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 48% and program service revenue 52% of the total. Other salaries and wages came to $160k. At year end it held assets of $4.2m against liabilities of $3.1m, net assets of $1.1m. It reported 5 employees.