MCR

Analysis

MCR is a registered charity in United States, based in Kennebec, SD. It received its IRS tax-exemption ruling in February 2020, 6 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 December 2023, MCR reported income of $158k and spending of $73k, leaving 54% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $105k to $158k (+51%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 45% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, MCR sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within SD. Charities of a similar size with the same main cause include Alberta Street Apartments Preservation Inc ($158k), Cedar Oaks Retirement Center Inc ($158k) and Delta Partners Inc ($158k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $221k against liabilities of $0, net assets of $221k.