Mount St Mary Inc

Analysis

Mount St Mary Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in April 2024, 2 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 June 2024, Mount St Mary Inc reported income of $6.1m and spending of $5.8m, spending 96% of its income. Across the 2 years on record, from June 2020 to June 2024, income grew from $5.5m to $6.1m (+10%), an average of +10% a year. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mount St Mary Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within KS. Charities of a similar size with the same main cause include Fairview Housing Management ($6.1m), Village of St Edward at Wadsworth ($6.1m) and Habitat for Humanity Chicago ($6.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.2% and program service revenue 98% of the total. Other salaries and wages came to $2.5m. At year end it held assets of $2.9m against liabilities of $2.1m, net assets of $802k. It reported 82 employees.