H O P E Mudd Housing Inc

Analysis

H O P E Mudd Housing Inc is a registered charity in United States, based in Oxon Hill, MD. It received its IRS tax-exemption ruling in March 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, H O P E Mudd Housing Inc reported income of $76k and spending of $82k, spending 107% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $73k to $76k (+5.0%), an average of +5.0% a year. Over the whole period it spent 116% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, H O P E Mudd 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 30th percentile, and in the 31st percentile within MD. Charities of a similar size with the same main cause include Court Appointed Special Advocates of Lackawanna ($76k), McDuffie County Partners for Success Inc ($76k) and Transitions 2 Success ($76k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. At year end it held assets of $384k against liabilities of $590k, net assets of -$207k.