Mounds View Supportive Housing Inc

Analysis

Mounds View Supportive Housing Inc is a registered charity in United States, based in New Brighton, MN. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Mounds View Supportive Housing Inc reported income of $250k and spending of $281k, spending 113% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $222k to $250k (+13%), an average of +3.0% a year. Over the whole period it spent 118% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mounds View Supportive Housing Inc sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within MN. Charities of a similar size with the same main cause include Tacoma Farmers Market ($250k), Hands on Sign Interpreted Performances Inc ($250k) and Cross-Generation ($250k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Other salaries and wages came to $43k. At year end it held assets of $1.1m against liabilities of $377k, net assets of $716k.

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.