Central Michigan Non-Profit Housing Corporation

Analysis

Central Michigan Non-Profit Housing Corporation is a registered charity in United States, based in Mt Pleasant, MI. It received its IRS tax-exemption ruling in December 1983, 43 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Central Michigan Non-Profit Housing Corporation reported income of $1.8m and spending of $1.8m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.3m to $1.8m (+36%), an average of +7.9% a year. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Central Michigan Non-Profit Housing Corporation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within MI. Charities of a similar size with the same main cause include Search and Care Inc ($1.8m), Florida Hospice and Palliative Care Association Inc ($1.8m) and Council of Senior Citizens of Gilmer County Inc ($1.8m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $113k (6.4% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.4m against liabilities of $1,173, net assets of $1.4m. It reported 41 employees.