Mdha Housing Trust Corporation

Analysis

Mdha Housing Trust Corporation is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in December 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 September 2023, Mdha Housing Trust Corporation reported income of $144k and spending of $183k, spending 127% of what it took in. Across the 3 years on record, from September 2019 to September 2023, income fell from $503k to $144k (-71%), an average of -47% a year. The sharpest change came in the year to September 2022, when income dropped by 80%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mdha Housing Trust Corporation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within TN. Charities of a similar size with the same main cause include El Segundo Bobby Sox Softball League ($144k), Presbyterian Foundation ($144k) and Greenland Veterans Associations Inc ($144k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 96% and program service revenue 1.5% of the total. At year end it held assets of $177k against liabilities of $25k, net assets of $152k.