Multi-housing Laundry Association
501(c)(6)
Only null% goes to programs Strong reserves Growing revenue
Multi-housing Laundry Association is a 501(c)(6) organization based in Raleigh, North Carolina, registered in 1960, with $358,542 in FY2024 revenue. CharityIndex grades it B.
3739 National Dr Ste 202, Raleigh, NC, 27612 EIN 52-6054279 Since 1960
Revenue (FY2024)
$359K
▲ 54.2% vs prior year
Expenses (FY2024)
$375K
Net assets
$788K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Multi-housing Laundry Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating25 mo reserves · -5% margin
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 Multi-housing Laundry Association: 25 mo reserves · -5% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Multi-housing Laundry Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Multi-housing Laundry Association: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 3739 National Dr Ste 202, Raleigh, NC, 27612
- City
- Raleigh
- State
- North Carolina
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $278K (FY2016) to $359K (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $76KNet assets $788K
Operating margin
-4.7%
Spent more than it raised in the latest fiscal year.
Total assets
$864K
Total liabilities
$76K
Net assets
$788K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $358,542▲54.2% | $375,235▲39.0% | $788,149▼2.1% | $863,679▼2.2% | 990 |
| 2023 | $232,536▲6.7% | $270,034▲1.5% | $804,842▼4.5% | $882,961▼3.2% | 990 |
| 2022 | $217,955▲38.9% | $266,003▲41.4% | $842,340▼5.4% | $912,366▼2.2% | 990 |
| 2021 | $156,927▼16.0% | $188,145▲109% | $890,388▼3.4% | $932,908▼1.1% | 990 |
| 2020 | $186,725▼48.1% | $90,216▼66.6% | $921,606▲11.7% | $942,945▲9.4% | 990 |
| 2019 | $359,536▲25.6% | $269,875▲7.8% | $825,187▲12.7% | $861,696▲11.6% | 990 |
| 2018 | $286,193▲45.4% | $250,325▲5.6% | $732,311▲5.1% | $772,378▲2.5% | 990 |
| 2017 | $196,830▼29.1% | $236,962▼14.4% | $696,793▼5.7% | $753,797 | 990 |
| 2016 | $277,585 | $276,771 | $738,830 | $753,587 | 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.
Frequently asked questions
- Is Multi-housing Laundry Association a legitimate nonprofit?
- Yes. Multi-housing Laundry Association is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 52-6054279, based in Raleigh, North Carolina.
- What is Multi-housing Laundry Association's EIN?
- Multi-housing Laundry Association's Employer Identification Number (EIN) is 52-6054279.
- How much revenue does Multi-housing Laundry Association report?
- Multi-housing Laundry Association reported $358,542 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Multi-housing Laundry Association have?
- CharityIndex grades Multi-housing Laundry Association B, based on financial health (reserves and operating margin).
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Data for Multi-housing Laundry Association (EIN 52-6054279) 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.