Metronomy Inc

Analysis

Metronomy Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in October 2023, 3 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Metronomy Inc reported income of $226k and spending of $237k, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $235k to $226k (-3.7%), an average of -0.9% a year. The sharpest change came in the year to June 2021, when income rose by 51%. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Metronomy Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within CO. Charities of a similar size with the same main cause include Hamilton Gardens Inc ($226k), Webster Terrace Housing Development Fund Company Inc ($226k) and Homes for Shippensburg Inc ($226k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $136k. At year end it held assets of $177k against liabilities of $486, net assets of $176k. It reported 1 employees.