Mallard Run Housing Development Charter No 1304420

Analysis

Mallard Run Housing Development Charter No 1304420 is a registered charity in United States, based in Taylor, TX. It received its IRS tax-exemption ruling in April 2015, 11 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 September 2023, Mallard Run Housing Development Charter No 1304420 reported income of $686k and spending of $656k, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $647k to $686k (+6.1%), an average of +1.5% a year. Over the whole period it spent 91% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mallard Run Housing Development Charter No 1304420 sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Cathedral City Senior Housing Inc ($686k), Osborne Apartments Inc ($686k) and Baldwin Holdings Inc ($685k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $113k (17% of expenses). Other salaries and wages came to $241k. At year end it held assets of $2.1m against liabilities of $122k, net assets of $2.0m. It reported 6 employees.