Mowsa Real Estate

Analysis

Mowsa Real Estate is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in January 2022, 4 years ago. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mowsa Real Estate reported income of $814k and spending of $654k, spending 80% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $705k to $814k (+15%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 15%. Over the whole period it spent 50% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mowsa Real Estate sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Coordinated Athletic Resources Deliver Support Inc ($814k), Northeast Texas Disciples Inc ($814k) and Eastern Marshall County Ems ($814k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $22.0m against liabilities of $21.2m, net assets of $757k.