Mansface Terrace Housing Development Corporation

Analysis

Mansface Terrace Housing Development Corporation is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in September 1979, 47 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mansface Terrace Housing Development Corporation reported income of $745k and spending of $674k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $686k to $745k (+8.5%), an average of +2.1% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mansface Terrace Housing Development Corporation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within UT. Charities of a similar size with the same main cause include St Peters Housing Development Corporation Inc ($744k), Asociacion Pro Albergue de Animales Inc ($745k) and Long Beach K 9 Officers Association ($744k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.5m against liabilities of $1.8m, net assets of -$287k.