MSHH Donor Closet

Analysis

MSHH Donor Closet is a registered charity in United States, based in Edmonds, WA. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, MSHH Donor Closet reported income of $931k and spending of $842k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $632k to $931k (+47%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 32%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, MSHH Donor Closet sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within WA. Charities of a similar size with the same main cause include Thelma Gibson Health Initiative ($931k), Global Mobility ($931k) and Lemons of Love Inc ($931k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $12k (1.4% of expenses). Other salaries and wages came to $23k. At year end it held assets of $1.1m against liabilities of -$925, net assets of $1.1m. It reported 5 employees.