Mhosc LLC

Analysis

Mhosc LLC is a registered charity in United States, based in Morgan Hill, CA. It received its IRS tax-exemption ruling in September 2019, 7 years ago. 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, Mhosc LLC reported income of $1.2m and spending of $1.0m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $703k to $1.2m (+76%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 146%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mhosc LLC sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Lewis and Clark District Council of St Vincent Depaul ($1.2m), Creative Kids Inc ($1.2m) and Whitley County Council on Aging Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. Other salaries and wages came to $347k. At year end it held assets of $927k against liabilities of $103k, net assets of $823k.