Humble Design Inc

Analysis

Humble Design Inc is a registered charity in United States, based in Southfield, MI. It received its IRS tax-exemption ruling in October 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, Humble Design Inc reported income of $6.0m and spending of $5.4m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.0m to $6.0m (+49%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 25%. 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, Humble Design Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within MI. Charities of a similar size with the same main cause include West Hollywood Community Housing Corporation ($6.0m), Texas Inter-Faith Housing Corporati on ($6.0m) and First Community Foundation ($6.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $250k (4.6% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $5.1m against liabilities of $2.0m, net assets of $3.1m. It reported 77 employees.