Properties Management Unlimited Corporation

Analysis

Properties Management Unlimited Corporation is a registered charity in United States, based in Portage, MI. It received its IRS tax-exemption ruling in November 2008, 18 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Properties Management Unlimited Corporation reported income of $532k and spending of $404k, leaving 24% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $472k to $532k (+13%), an average of +3.1% a year. The sharpest change came in the year to September 2022, when income rose by 18%. Over the whole period it spent 78% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Properties Management Unlimited Corporation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MI. Charities of a similar size with the same main cause include Ucc IV Inc ($532k), Main Plaza Conservancy ($532k) and United Church Residences of Fredonia New York Inc ($532k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $2.7m against liabilities of $605k, net assets of $2.1m.