Group Living Facilities Non-Profit Housing Corporation

Analysis

Group Living Facilities Non-Profit Housing Corporation is a registered charity in United States, based in Flint, MI. It received its IRS tax-exemption ruling in November 1975, 51 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Group Living Facilities Non-Profit Housing Corporation reported income of $557k and spending of $556k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $468k to $557k (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2020, when income rose by 24%. Over the whole period it spent 87% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Group Living Facilities Non-Profit Housing Corporation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within MI. Charities of a similar size with the same main cause include Hubbardston Elderly Housing Inc ($557k), Ahepa-Penelope 120 Inc ($557k) and Mission Housing Development Properties III Inc ($557k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $36k (6.5% of expenses). Other salaries and wages came to $285k. At year end it held assets of $1.1m against liabilities of $29k, net assets of $1.1m.