Mobile Supportive Housing Inc

Analysis

Mobile Supportive Housing Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in September 1995, 31 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 December 2023, Mobile Supportive Housing Inc reported income of $168k and spending of $203k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $135k to $168k (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 117% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mobile Supportive Housing Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within AL. Charities of a similar size with the same main cause include Covenant Commonwealth Corporation ($168k), Seabury Properties Inc ($168k) and Win Project ($168k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 14% of the total. Other salaries and wages came to $30k. At year end it held assets of $874k against liabilities of $1.4m, net assets of -$514k.

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.