Msaa Jacksonville Inc

Analysis

Msaa Jacksonville Inc is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in July 1997, 29 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 June 2023, Msaa Jacksonville Inc reported income of $152k and spending of $164k, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $137k to $152k (+11%), an average of +2.5% a year. Over the whole period it spent 113% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Msaa Jacksonville Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within NC. Charities of a similar size with the same main cause include Burlington Development Corporation ($152k), Community Care Resources Inc ($152k) and Woodside Haven Incorporated ($152k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 26% of the total. At year end it held assets of $585k against liabilities of $26k, net assets of $559k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.