Mays Mission for the Handicapped Inc

Analysis

Mays Mission for the Handicapped Inc is a registered charity in United States, based in Heber Springs, AR. It received its IRS tax-exemption ruling in February 1981, 45 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 August 2024, Mays Mission for the Handicapped Inc reported income of $388k and spending of $419k, spending 108% of what it took in. Across the 6 years on record, from August 2019 to August 2024, income fell from $405k to $388k (-4.3%), an average of -0.9% a year. The sharpest change came in the year to August 2023, when income dropped by 18%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Mays Mission for the Handicapped Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within AR. Charities of a similar size with the same main cause include Greater Austin Nepali Society ($388k), Vancouvers Downtown Association ($388k) and Bison Booster Club ($388k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $59k (14% of expenses). Other salaries and wages came to $142k. At year end it held assets of $6.1m against liabilities of $25k, net assets of $6.1m. It reported 11 employees.