Mission Housing Development Property IV Inc

Analysis

Mission Housing Development Property IV Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in October 1994, 32 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Mission Housing Development Property IV Inc reported income of $432k and spending of $813k, spending 188% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $442k to $432k (-2.2%), an average of -0.4% a year. Over the whole period it spent 154% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mission Housing Development Property IV Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Global Friends in Action Inc ($432k), Boosters of Boys Girls Sports ($432k) and Renewal Centers Inc ($432k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 41% and program service revenue 56% of the total. Other salaries and wages came to $116k. At year end it held assets of $3.6m against liabilities of $7.5m, net assets of -$3.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.