Mount Vernon at Home Inc

Analysis

Mount Vernon at Home Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in January 2008, 18 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 December 2023, Mount Vernon at Home Inc reported income of $156k and spending of $131k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $163k to $156k (-4.8%), an average of -1.2% a year. The sharpest change came in the year to December 2022, when income dropped by 18%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mount Vernon at Home Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 47th percentile within VA. Charities of a similar size with the same main cause include Mar Oraha Chaldean Charities ($156k), Tiny People Inc ($156k) and Gethsemane International Inc ($156k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $40k (30% of expenses). At year end it held assets of $297k against liabilities of $0, net assets of $297k. It reported 2 employees.