Lenawee Housing Development Coalition

Analysis

Lenawee Housing Development Coalition is a registered charity in United States, based in Adrian, MI. It received its IRS tax-exemption ruling in July 2004, 22 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, Lenawee Housing Development Coalition reported income of $63k and spending of $67k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $51k to $63k (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 116% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lenawee Housing Development Coalition sits at the 14th percentile: it is larger than about 14% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within MI. Charities of a similar size with the same main cause include Forty West Street Corporation ($63k), Abilities at English Park Inc ($63k) and No One Hungry Inc ($63k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 76% of the total. At year end it held assets of $698k against liabilities of $76k, net assets of $622k.