Bishop Non-Profit Housing Corporation

Analysis

Bishop Non-Profit Housing Corporation is a registered charity in United States, based in Warren, MI. It received its IRS tax-exemption ruling in September 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, Bishop Non-Profit Housing Corporation reported income of $1.4m and spending of $1.5m, spending 108% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.4m to $1.4m (-0.9%), an average of -0.2% a year. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bishop Non-Profit Housing Corporation sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within MI. Charities of a similar size with the same main cause include Onic-Hidden Cove Inc ($1.4m), Southbridge Community Servicers Inc ($1.4m) and Midland Fair Havens Inc ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 20% and program service revenue 78% of the total. At year end it held assets of $3.2m against liabilities of $3.9m, net assets of -$722k.