St Davids Non-Profit Housing Corp

Analysis

St Davids Non-Profit Housing Corp is a registered charity in United States, based in Warren, MI. It received its IRS tax-exemption ruling in August 2008, 18 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 June 2024, St Davids Non-Profit Housing Corp reported income of $501k and spending of $493k, spending 98% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $438k to $501k (+14%), an average of +2.7% a year. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, St Davids Non-Profit Housing Corp sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within MI. Charities of a similar size with the same main cause include Ohio Conference a M E Housing ($501k), Village Movement California ($501k) and Indian Center Housing Corporation ($501k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 64% and program service revenue 36% of the total. At year end it held assets of $1.1m against liabilities of $1.8m, net assets of -$689k.