The Refuge Homeless Shelter of Lapeer County

Analysis

The Refuge Homeless Shelter of Lapeer County is a registered charity in United States, based in Lapeer, MI. It received its IRS tax-exemption ruling in February 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 September 2024, The Refuge Homeless Shelter of Lapeer County reported income of $151k and spending of $170k, spending 113% of what it took in. Across the 2 years on record, from September 2023 to September 2024, income grew from $108k to $151k (+40%), an average of +40% a year. The sharpest change came in the year to September 2024, when income rose by 40%. Over the whole period it spent 114% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, The Refuge Homeless Shelter of Lapeer County sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within MI. Charities of a similar size with the same main cause include Rogers Supportive Housing Inc ($150k), Freedom Gardens for the Handicapped Inc ($151k) and South Burlington Community Housing Corporation ($150k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 77% of the total. At year end it held assets of $203k against liabilities of $809, net assets of $203k.