Madison Heights Non-Profit Housing Corporation

Analysis

Madison Heights Non-Profit Housing Corporation is a registered charity in United States, based in Warren, MI. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 June 2024, Madison Heights Non-Profit Housing Corporation reported income of $1.8m and spending of $1.6m, spending 86% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.4m to $1.8m (+32%), an average of +5.7% a year. The sharpest change came in the year to June 2021, when income rose by 15%. Over the whole period it spent 84% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Madison Heights Non-Profit Housing Corporation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within MI. Charities of a similar size with the same main cause include Sex Offender Treatment and Assessment North Dakota ($1.8m), Childrens Advocacy and Family Resources Inc ($1.9m) and Indiana Continuing Legal Education Forum ($1.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 74% and program service revenue 25% of the total. At year end it held assets of $3.8m against liabilities of $2.5m, net assets of $1.3m.