Mobile Accessible Housing Inc

Analysis

Mobile Accessible Housing 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 (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 2024, Mobile Accessible Housing Inc reported income of $117k and spending of $151k, spending 130% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $86k to $117k (+35%), an average of +7.8% a year. Over the whole period it spent 137% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mobile Accessible Housing 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 41st percentile, and in the 40th percentile within AL. Charities of a similar size with the same main cause include Dupage Housing Solutions Inc ($116k), Caldwell Housing Corporation ($117k) and Masonic Home of Montana Foundation Inc ($116k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 96% of the total. Other salaries and wages came to $17k. At year end it held assets of $508k against liabilities of $144k, net assets of $365k.

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.