Csi Kalamazoo Non-Profit Housing Corporation

Analysis

Csi Kalamazoo Non-Profit Housing Corporation is a registered charity in United States, based in Warren, MI. It received its IRS tax-exemption ruling in August 2008, 18 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Csi Kalamazoo Non-Profit Housing Corporation reported income of $2.5m and spending of $2.6m, spending 102% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.2m to $2.5m (+12%), an average of +2.3% a year. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Csi Kalamazoo Non-Profit Housing Corporation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within MI. Charities of a similar size with the same main cause include Episcopal Retirement Communities ($2.5m), The Utica Center for Development ($2.5m) and Blanchard Valley Health Foundation ($2.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 68% and program service revenue 31% of the total. At year end it held assets of $4.2m against liabilities of $8.7m, net assets of -$4.5m.