Church of Christ Non Profit Housingcorporation

Analysis

Church of Christ Non Profit Housingcorporation is a registered charity in United States, based in Clinton TWP, MI. It received its IRS tax-exemption ruling in September 2009, 17 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 December 2023, Church of Christ Non Profit Housingcorporation reported income of $578k and spending of $540k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $519k to $578k (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Church of Christ Non Profit Housingcorporation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within MI. Charities of a similar size with the same main cause include Quincy Development Association ($578k), Bethel Towers Inc ($578k) and Seville Farm Family Housing Association Inc ($578k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. At year end it held assets of $782k against liabilities of $1.9m, net assets of -$1.1m.