South Oakland Citizens for the Homeless

Analysis

South Oakland Citizens for the Homeless is a registered charity in United States, based in Royal Oak, MI. It received its IRS tax-exemption ruling in January 2003, 23 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 March 2024, South Oakland Citizens for the Homeless reported income of $376k and spending of $311k, spending 83% of its income. Across the 3 years on record, from March 2022 to March 2024, income grew from $194k to $376k (+94%), an average of +39% a year. The sharpest change came in the year to March 2024, when income rose by 81%. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, South Oakland Citizens for the Homeless sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within MI. Charities of a similar size with the same main cause include Kimberly Meadows Corporation ($376k), Synergy Community Development Corporation ($376k) and The Salvation Army Puyallup Residences ($376k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $65k (21% of expenses). Other salaries and wages came to $92k. It paid $5,033 in professional fundraising fees. At year end it held assets of $164k against liabilities of $0, net assets of $164k. It reported 5 employees.