MCB Family Housing Inc

Analysis

MCB Family Housing Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, MCB Family Housing Inc reported income of $11.6m and spending of $4.2m, leaving 64% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.9m to $11.6m (+47%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 1865%. Over the whole period it spent 34% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, MCB Family Housing Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Coalfield Development Corporation ($11.6m), Midway Living Inc ($11.6m) and Southwest Philadelphia Presbytery Apartments Inc ($11.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.4% and program service revenue 91% of the total. At year end it held assets of $45.9m against liabilities of $3.0m, net assets of $43.0m.