Mesquite RHF Housing Inc

Analysis

Mesquite RHF Housing Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in November 1993, 33 years ago. 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 May 2024, Mesquite RHF Housing Inc reported income of $636k and spending of $606k, spending 95% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $553k to $636k (+15%), an average of +3.6% a year. The sharpest change came in the year to May 2023, when income rose by 25%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mesquite RHF Housing Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Oregon-Washington Cement Masons- Emplyrs Apprntcshp & TRNG TR Fund ($636k), Volunteers of America Inc ($636k) and Methuen Community Television Corp ($636k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 68% and program service revenue 29% of the total. At year end it held assets of $2.5m against liabilities of $2.0m, net assets of $555k.