Majella House Inc

Analysis

Majella House Inc is a registered charity in United States, based in Pace, FL. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Majella House Inc reported income of $327k and spending of $47k, leaving 86% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $190k to $327k (+72%), an average of +72% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 12% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Majella House Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include Wagilabs ($327k), Cherokee Focus Inc ($328k) and Elevate New York ($327k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $7,500 in professional fundraising fees. At year end it held assets of $555k against liabilities of $30k, net assets of $525k.