Keweenaw County Housing Corporation

Analysis

Keweenaw County Housing Corporation is a registered charity in United States, based in Mohawk, MI. It received its IRS tax-exemption ruling in March 1983, 43 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 December 2023, Keweenaw County Housing Corporation reported income of $135k and spending of $130k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $138k to $135k (-2.3%), an average of -2.3% a year. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Keweenaw County Housing Corporation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within MI. Charities of a similar size with the same main cause include Affordable Housing TR ($135k), Community Housing Coalition ($135k) and Mental Health Association Mohr Place Inc ($135k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $115k against liabilities of $191k, net assets of -$76k.