Greater Mount Airy Ministry of Hospitality

Analysis

Greater Mount Airy Ministry of Hospitality is a registered charity in United States, based in Mount Airy, NC. It received its IRS tax-exemption ruling in June 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Greater Mount Airy Ministry of Hospitality reported income of $1.3m and spending of $751k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.3m (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2020, when income rose by 60%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Greater Mount Airy Ministry of Hospitality sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within NC. Charities of a similar size with the same main cause include Save Our Allies ($1.3m), Hope Harbor Inc ($1.3m) and Equi-Librium Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $63k (8.4% of expenses). At year end it held assets of $3.2m against liabilities of $334k, net assets of $2.9m. It reported 18 employees.