Nonprofit screen
Screen a listMelrose Affordable Housing Corporation
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS listing
- Listed
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$294krevenue
FY2024 · +20% in 3 yrs8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin4.9%
Months of reserve14.9mo
Revenue growth (annualized)+6.5%
Middle half of peersMedianMelrose Affordable Housing
Where the money goes FY2024 · $280k spent
Programs$277k99%Management and general$3k1%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$64k in FY2022 and −$102k in FY2023. Cash covers 14.9 months, above the peer median of 3.7.
990 Part I and balance sheetIn its favor1
Growing faster than peers
Revenue up 6% a year since FY2017, faster than half of similar nonprofits.
990 Part I · peer cohort2funders
$5ka year, last 3 years
100%from its largest funder
Funder’20’21’22’23Melrose Cooperative Bank FoundationEvery year since FY2020$500$12k$2k$2kCambridge Savings Charitable Foundation IncOn and off$5k
Funded