The Mary Elizabeth House Inc a Ministry

Analysis

The Mary Elizabeth House Inc a Ministry is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2007, 19 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 (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, The Mary Elizabeth House Inc a Ministry reported income of $1.7m and spending of $1.8m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.4m to $1.7m (-29%), an average of -8.2% a year. The sharpest change came in the year to December 2021, when income rose by 103%. Over the whole period it spent 83% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, The Mary Elizabeth House Inc a Ministry 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 84th percentile, and in the 64th percentile within DC. Charities of a similar size with the same main cause include Neighborhood Housing Services of Waco Inc ($1.7m), Sierra View Residences LLC ($1.7m) and Ailbe Senior Housing Corporation ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $155k (8.7% of expenses). Other salaries and wages came to $637k. At year end it held assets of $6.0m against liabilities of $5.4m, net assets of $654k. It reported 27 employees.