Dearborn Heights Csi Non-Profit Housing Corporation

Analysis

Dearborn Heights Csi Non-Profit Housing Corporation is a registered charity in United States, based in Warren, MI. It received its IRS tax-exemption ruling in August 2016, 10 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Dearborn Heights Csi Non-Profit Housing Corporation reported income of $2.8m and spending of $2.1m, leaving 26% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.9m to $2.8m (+47%), an average of +8.0% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Dearborn Heights Csi Non-Profit Housing Corporation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within MI. Charities of a similar size with the same main cause include Community Housing Services Inc ($2.8m), New Hope Family Shelter Inc ($2.8m) and Western Carolina Rescue Ministries Inc ($2.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 56% and program service revenue 37% of the total. At year end it held assets of $5.5m against liabilities of $5.7m, net assets of -$200k.