Melrose Place Housing Group

Analysis

Melrose Place Housing Group is a registered charity in United States, based in Walla Walla, WA. It received its IRS tax-exemption ruling in January 2004, 22 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 March 2024, Melrose Place Housing Group reported income of $72k and spending of $77k, spending 106% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $69k to $72k (+5.0%), an average of +1.2% a year. Over the whole period it spent 114% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Melrose Place Housing Group sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 23rd percentile within WA. Charities of a similar size with the same main cause include Jeremiah Development NFP ($72k), Central Coast Housing ($72k) and Second Chance Ministry ($72k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 69% and program service revenue 31% of the total. Other salaries and wages came to $14k. At year end it held assets of $520k against liabilities of $29k, net assets of $491k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.