Mid-east Housing Incorporated is a 501(c)(3) organization based in Greenville, North Carolina, registered in 1998, with $469,072 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$469K
▼ 6.0% vs prior year
Housing median: $408K
Expenses (FY2024)
$652K
Net assets
-$2.8M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Mid-east Housing Incorporated— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Mid-east Housing Incorporated: 0 mo reserves · -39% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Mid-east Housing Incorporated— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Mid-east Housing Incorporated: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $218K (FY2013) to $469K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-39.1%
Spent more than it raised in the latest fiscal year.
Total assets
$2.0M
Total liabilities
$4.8M
Net assets
-$2.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $469,072▼6.0% | $652,494▲1.5% | -$2,786,943▼7.0% | $2,015,373▼8.9% | 990 |
| 2023 | $498,954▲0.7% | $642,943▼27.1% | -$2,603,521▲28.6% | $2,213,182▼3.3% | 990 |
| 2022 | $495,692▼18.8% | $881,923▲1.7% | -$3,645,370▼11.9% | $2,289,844▼11.8% | 990 |
| 2021 | $610,102▼13.5% | $867,132▼3.6% | -$3,259,139▼8.6% | $2,595,203▼8.2% | 990 |
| 2020 | $704,952▼13.3% | $899,102▼23.8% | -$3,002,109▼7.2% | $2,827,888▼7.3% | 990 |
| 2019 | $813,300▲34.0% | $1,180,630▲65.2% | -$2,801,110▼15.1% | $3,049,606▼14.6% | 990 |
| 2018 | $606,863▲191% | $714,866▲191% | -$2,433,780▼394% | $3,569,743▲111% | 990 |
| 2017 | $208,413▼5.5% | $245,745▼3.6% | -$492,823▼8.2% | $1,694,906▼5.3% | 990 |
| 2016 | $220,558▲2.6% | $254,904▲9.1% | -$455,491▼8.2% | $1,790,411▼2.6% | 990 |
| 2015 | $215,033▲1.8% | $233,698▼1.7% | -$421,145▼4.6% | $1,837,828▼2.7% | 990 |
| 2014 | $211,170▼2.9% | $237,689▼6.5% | -$402,480▼7.1% | $1,888,897▼3.1% | 990 |
| 2013 | $217,544 | $254,123▲4.9% | -$375,961▼10.8% | $1,949,735▼3.2% | 990 |
| 2012 | — | $242,237▲10.6% | -$339,382▼12.2% | $2,013,771▼3.1% | 990 |
| 2011 | — | $218,927▼4.4% | -$302,448▲1.0% | $2,077,886▼4.6% | 990 |
| 2010 | — | $228,898 | -$305,598 | $2,177,853 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Mid-east Housing Incorporated (EIN 56-2018421) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.