Mobile Supported Living Inc

Analysis

Mobile Supported Living Inc is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in August 1996, 30 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 June 2024, Mobile Supported Living Inc reported income of $121k and spending of $184k, spending 152% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $99k to $121k (+22%), an average of +5.1% a year. The sharpest change came in the year to June 2024, when income rose by 16%. Over the whole period it spent 148% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mobile Supported Living Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within AL. Charities of a similar size with the same main cause include Heritage Village of Paris Inc ($121k), Regroup Carolinas ($121k) and Hbhci Hud 7 Inc ($121k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 98% of the total. Other salaries and wages came to $14k. At year end it held assets of $636k against liabilities of $184k, net assets of $452k.

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.