Mayflower RHF Housing Inc

Analysis

Mayflower RHF Housing Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in December 1985, 41 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Mayflower RHF Housing Inc reported income of $6.9m and spending of $5.2m, leaving 24% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.7m to $6.9m (+21%), an average of +4.9% a year. Over the whole period it spent 77% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mayflower RHF Housing Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Mount Baker Housing Association ($6.8m), Hoopeston Retirement Village Foundation Inc ($6.9m) and Addison County Community Trust ($6.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.3% and program service revenue 97% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $19.0m against liabilities of $8.7m, net assets of $10.3m. It reported 57 employees.