Dwelling Place Foundation

Analysis

Dwelling Place Foundation is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Dwelling Place Foundation reported income of $80k and spending of $1,605, leaving 98% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $59k to $80k (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2022, when income dropped by 218%. Over the whole period it spent 20% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Dwelling Place Foundation sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within MI. Charities of a similar size with the same main cause include Ipock Inc ($80k), Elm Street Nonprofit Housing Corporation ($80k) and Pacific Housing Development Inc ($80k).

At year end it held assets of $1.6m against liabilities of $8,720, net assets of $1.6m.