Grand Traverse Area Community Living Centers Non-Profit Housing<

Analysis

Grand Traverse Area Community Living Centers Non-Profit Housing< is a registered charity in United States, based in Traverse City, MI. It received its IRS tax-exemption ruling in August 1981, 45 years ago. 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, Grand Traverse Area Community Living Centers Non-Profit Housing< reported income of $87k and spending of $143k, spending 163% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income fell from $204k to $87k (-57%), an average of -35% a year. The sharpest change came in the year to December 2022, when income dropped by 57%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Grand Traverse Area Community Living Centers Non-Profit Housing< sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within MI. Charities of a similar size with the same main cause include Palo Alto Philharmonic Association ($87k), Franciscan Community Services Inc ($87k) and Americans Against Gun Violence ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $193k against liabilities of $138k, net assets of $55k.