Community Spirit Homes Incorporated

Analysis

Community Spirit Homes Incorporated is a registered charity in United States, based in Van Buren TWP, MI. It received its IRS tax-exemption ruling in November 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 September 2023, Community Spirit Homes Incorporated reported income of $1.7m and spending of $1.8m, spending 106% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.7m to $1.7m (-1.7%), an average of -0.4% a year. The sharpest change came in the year to September 2023, when income dropped by 21%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Spirit Homes Incorporated sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within MI. Charities of a similar size with the same main cause include Senior Citizens Center of Saratoga Springs Inc ($1.7m), Scripture Union ($1.7m) and Colorado Historical Foundation ($1.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $125k against liabilities of $2,000, net assets of $123k. It reported 45 employees.