Mid America Student Housing Inc

Analysis

Mid America Student Housing Inc is a registered charity in United States, based in Cordova, TN. It received its IRS tax-exemption ruling in April 1998, 28 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Mid America Student Housing Inc reported income of $1.3m and spending of $1.3m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $972k to $1.3m (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mid America Student Housing Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within TN. Charities of a similar size with the same main cause include Jubal Band Ministries ($1.3m), NYC Brooklyn Christian Church Inc ($1.3m) and Eugene E and Nell S Fincke Memorial Endowment Fund ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 82% of the total. At year end it held assets of $13.7m against liabilities of $4.2m, net assets of $9.6m.