Shelter Association of Washtenaw

Analysis

Shelter Association of Washtenaw is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in December 1984, 42 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 June 2023, Shelter Association of Washtenaw reported income of $4.1m and spending of $3.6m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.6m to $4.1m (+61%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 34%. Over the whole period it spent 79% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Shelter Association of Washtenaw sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within MI. Charities of a similar size with the same main cause include Urban Renaissance Partners Inc ($4.1m), A R M of Save the Family Foundation of Arizona ($4.1m) and Peninsula Housing Development Inc III ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $347k (9.7% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $6.5m against liabilities of $412k, net assets of $6.1m. It reported 104 employees.