Mount Moriah Senior Housing Inc

Analysis

Mount Moriah Senior Housing Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in December 1994, 32 years ago. 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 June 2024, Mount Moriah Senior Housing Inc reported income of $274k and spending of $456k, spending 166% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $270k to $274k (+1.4%), an average of +0.3% a year. Over the whole period it spent 156% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mount Moriah Senior Housing Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Boylston Housing Inc ($274k), St Timothys Park Villa Housing Development Fund Company ($274k) and Lonoke Housing Inc ($274k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 38% and program service revenue 61% of the total. At year end it held assets of $1.9m against liabilities of $5.6m, net assets of -$3.7m.

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.