Fair Housing Center of West Michigan
Analysis
Fair Housing Center of West Michigan is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in November 1981, 45 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, Fair Housing Center of West Michigan reported income of $1.1m and spending of $1.8m, spending 162% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $752k to $1.1m (+51%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 239%. Over the whole period it spent 78% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Fair Housing Center of West Michigan sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within MI. Charities of a similar size with the same main cause include Granite City Housing Inc ($1.1m), Dream Center Indianapolis Inc ($1.1m) and Custer Care ($1.1m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.5% and program service revenue 90% of the total. Other salaries and wages came to $653k. At year end it held assets of $3.6m against liabilities of $47k, net assets of $3.5m. It reported 10 employees.
Income and spending
Where the income comes from
- Contributions & grants 6.5%
- Program services 90%
- Other 3.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Granite City Housing Inc | Barre | $1.1m |
| Dream Center Indianapolis Inc | Indianapolis | $1.1m |
| Custer Care | Broken Bow | $1.1m |
| Pines at Narragansett Housing Development Fund Company Inc | Croton HDSN | $1.1m |