Multiple Sclerosis Handicapped Housing Inc
Multiple Sclerosis Handicapped Housing Inc: Consistent Revenue, High Liabilities
EIN: 222994497 · Collingswood, NJ · Updated: 2026-04-04
Is Multiple Sclerosis Handicapped Housing Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Multiple Sclerosis Handicapped Housing Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Multiple Sclerosis Handicapped Housing Inc
Multiple Sclerosis Handicapped Housing Inc (EIN: 222994497) is a nonprofit organization based in Collingswood, NJ. The organization reported total revenue of $490K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Multiple Sclerosis Handicapped Housing Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Multiple Sclerosis Handicapped Housing Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Multiple Sclerosis Handicapped Housing Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Based on the provided data, the organization consistently reports 'c0%' for compensation across all years, suggesting no reported executive compensation, which is highly unusual for an organization with significant assets and revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Multiple Sclerosis Handicapped Housing Inc's IRS 990 filings:
- Consistent 'c0%' compensation reported across all years, which may indicate unreported compensation or a fully volunteer-run organization with significant assets.
- High liabilities relative to assets (e.g., 202306: assets $1,832,173, liabilities $1,727,987), indicating a leveraged financial position.
- Lack of detailed breakdown for expenses beyond total expenses (x) makes it difficult to fully assess program efficiency without further investigation.
Strengths
The following positive indicators were identified for Multiple Sclerosis Handicapped Housing Inc:
- Consistent revenue generation over multiple years (e.g., $440,807 in 202306, $425,036 in 202206).
- Stable asset base, consistently above $1.6 million.
- Appears to maintain a consistent operational model over the analyzed period.
Frequently Asked Questions about Multiple Sclerosis Handicapped Housing Inc
Is Multiple Sclerosis Handicapped Housing Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Multiple Sclerosis Handicapped Housing Inc (EIN: 222994497) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Multiple Sclerosis Handicapped Housing Inc spend its money?
Multiple Sclerosis Handicapped Housing Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Multiple Sclerosis Handicapped Housing Inc tax-deductible?
Multiple Sclerosis Handicapped Housing Inc is registered as a tax-exempt nonprofit (EIN: 222994497). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Multiple Sclerosis Handicapped Housing Inc do?
Multiple Sclerosis Handicapped Housing Inc is a nonprofit organization in the Unknown sector, located in Collingswood, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Multiple Sclerosis Handicapped Housing Inc have?
Multiple Sclerosis Handicapped Housing Inc reported total revenue of $490,464. Based on 13 IRS 990 filings on record.
What are Multiple Sclerosis Handicapped Housing Inc's total assets?
Multiple Sclerosis Handicapped Housing Inc holds total assets of $1,918,393 as reported in IRS 990 filings.
Where is Multiple Sclerosis Handicapped Housing Inc located?
Multiple Sclerosis Handicapped Housing Inc is based in Collingswood, New Jersey.
What is Multiple Sclerosis Handicapped Housing Inc's EIN?
Multiple Sclerosis Handicapped Housing Inc's Employer Identification Number (EIN) is 222994497. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Multiple Sclerosis Handicapped Housing Inc?
Multiple Sclerosis Handicapped Housing Inc is classified under NTEE code Unknown (Unknown).
Is Multiple Sclerosis Handicapped Housing Inc a registered 501(c)(3)?
Multiple Sclerosis Handicapped Housing Inc appears in IRS records (EIN: 222994497). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Multiple Sclerosis Handicapped Housing Inc file IRS Form 990?
Yes, Multiple Sclerosis Handicapped Housing Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Multiple Sclerosis Handicapped Housing Inc's revenue in 2023?
In the 202306 filing period, Multiple Sclerosis Handicapped Housing Inc reported total revenue of $440,807, total expenses of $446,211, and net assets of $1,832,173.
Is Multiple Sclerosis Handicapped Housing Inc's revenue growing or declining?
Multiple Sclerosis Handicapped Housing Inc's revenue is relatively stable. Revenue went from $425,036 (202206) to $440,807 (202306), a +3.7% change. Based on 13 filings on record.
What is Multiple Sclerosis Handicapped Housing Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Multiple Sclerosis Handicapped Housing Inc covers tax period 202306. It shows revenue of $440,807, expenses of $446,211, total assets of $1,832,173, and liabilities of $1,727,987.
How much does Multiple Sclerosis Handicapped Housing Inc spend on programs vs administration?
Based on IRS 990 analysis, Multiple Sclerosis Handicapped Housing Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Multiple Sclerosis Handicapped Housing Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Multiple Sclerosis Handicapped Housing Inc appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Multiple Sclerosis Handicapped Housing Inc?
The following concerns were identified: Consistent 'c0%' compensation reported across all years, which may indicate unreported compensation or a fully volunteer-run organization with significant assets.. High liabilities relative to assets (e.g., 202306: assets $1,832,173, liabilities $1,727,987), indicating a leveraged financial position.. Lack of detailed breakdown for expenses beyond total expenses (x) makes it difficult to fully assess program efficiency without further investigation.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Multiple Sclerosis Handicapped Housing Inc's strengths?
Positive indicators for Multiple Sclerosis Handicapped Housing Inc include: Consistent revenue generation over multiple years (e.g., $440,807 in 202306, $425,036 in 202206).. Stable asset base, consistently above $1.6 million.. Appears to maintain a consistent operational model over the analyzed period.. These findings are derived from AI analysis of the organization's financial filings.
How does Multiple Sclerosis Handicapped Housing Inc compensate executives?
Based on the provided data, the organization consistently reports 'c0%' for compensation across all years, suggesting no reported executive compensation, which is highly unusual for an organization with significant assets and revenue. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Multiple Sclerosis Handicapped Housing Inc?
- Financial statements consistently show 'c0%' for compensation, indicating no reported compensation for officers, directors, trustees, or key employees. - The organization's primary focus appears to be housing, with consistent revenue streams over the years. - Detailed program spending breakdown is not explicitly provided in the summary data, making a precise program efficiency calculation challenging without further filings. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent 'c0%' compensation reported, how does the organization manage its operations and governance, and who is responsible for its financial oversight?
The consistent reporting of 'c0%' for compensation suggests either a fully volunteer-run model, or that compensation is being reported under different categories not immediately visible in the provided summary data. Further investigation into their Form 990 filings would be necessary to understand the operational structure and governance.
What is the nature of the significant liabilities that consistently approach the total asset value, and how does this impact the organization's long-term financial stability?
The high liabilities (e.g., $1,727,987 in 202306 against $1,832,173 in assets) suggest a significant portion of their assets may be financed through debt or other obligations. Understanding the nature of these liabilities (e.g., mortgages on housing properties, program-related debt) is crucial to assess the organization's financial risk and long-term sustainability.
Filing History
IRS 990 filing history for Multiple Sclerosis Handicapped Housing Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Multiple Sclerosis Handicapped Housing Inc's revenue has grown by 41%, moving from $313K to $441K. Total assets increased by 9.9% over the same period, from $1.7M to $1.8M. Total functional expenses rose by 57%, from $284K to $446K. In its most recent filing year (2023), Multiple Sclerosis Handicapped Housing Inc reported a deficit of $5K, with expenses exceeding revenue. The organization holds $1.7M in liabilities against $1.8M in assets (debt-to-asset ratio: 94.3%), resulting in net assets of $104K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $441K | $446K | $1.8M | $1.7M | — | — |
| 2022 | $425K | $413K | $1.8M | $1.7M | — | View 990 |
| 2021 | $442K | $419K | $1.8M | $1.7M | — | View 990 |
| 2020 | $442K | $399K | $1.7M | $1.7M | — | View 990 |
| 2019 | $428K | $410K | $1.7M | $1.7M | — | View 990 |
| 2018 | $433K | $450K | $1.6M | $1.7M | — | View 990 |
| 2017 | $419K | $433K | $1.7M | $1.7M | — | View 990 |
| 2016 | $402K | $423K | $1.7M | $1.6M | — | View 990 |
| 2015 | $381K | $397K | $1.7M | $1.7M | — | View 990 |
| 2014 | $370K | $347K | $1.7M | $1.7M | — | View 990 |
| 2013 | $359K | $341K | $1.7M | $1.7M | — | View 990 |
| 2012 | $329K | $310K | $1.7M | $1.7M | — | View 990 |
| 2011 | $313K | $284K | $1.7M | $1.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $441K, expenses of $446K, and assets of $1.8M (revenue +3.7% year-over-year).
- 2022: Revenue of $425K, expenses of $413K, and assets of $1.8M (revenue -3.9% year-over-year).
- 2021: Revenue of $442K, expenses of $419K, and assets of $1.8M (revenue +0.0% year-over-year).
- 2020: Revenue of $442K, expenses of $399K, and assets of $1.7M (revenue +3.4% year-over-year).
- 2019: Revenue of $428K, expenses of $410K, and assets of $1.7M (revenue -1.3% year-over-year).
- 2018: Revenue of $433K, expenses of $450K, and assets of $1.6M (revenue +3.3% year-over-year).
- 2017: Revenue of $419K, expenses of $433K, and assets of $1.7M (revenue +4.2% year-over-year).
- 2016: Revenue of $402K, expenses of $423K, and assets of $1.7M (revenue +5.7% year-over-year).
- 2015: Revenue of $381K, expenses of $397K, and assets of $1.7M (revenue +2.7% year-over-year).
- 2014: Revenue of $370K, expenses of $347K, and assets of $1.7M (revenue +3.2% year-over-year).
- 2013: Revenue of $359K, expenses of $341K, and assets of $1.7M (revenue +9.0% year-over-year).
- 2012: Revenue of $329K, expenses of $310K, and assets of $1.7M (revenue +5.4% year-over-year).
- 2011: Revenue of $313K, expenses of $284K, and assets of $1.7M.
Data Sources and Methodology
This transparency report for Multiple Sclerosis Handicapped Housing Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.