Metro Housing Partnership Inc

Analysis

Metro Housing Partnership Inc is a registered charity in United States, based in Flint, MI. It received its IRS tax-exemption ruling in May 2015, 11 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 2023, Metro Housing Partnership Inc reported income of $172k and spending of $273k, spending 159% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $71k to $172k (+141%), an average of +25% a year. The sharpest change came in the year to June 2022, when income rose by 4593307%. Over the whole period it spent 40% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Metro Housing Partnership Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within MI. Charities of a similar size with the same main cause include New Urban Community Development Corporation Inc ($172k), Whites Cottage Center ($172k) and Family Promise of White County ($172k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 92% of the total. Other salaries and wages came to $11k. At year end it held assets of $2.3m against liabilities of $1.2m, net assets of $1.1m.