Detroit Health Care for the Homeless

Analysis

Detroit Health Care for the Homeless is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in June 1987, 39 years ago. 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, Detroit Health Care for the Homeless reported income of $14.7m and spending of $14.8m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $13.8m to $14.7m (+6.3%), an average of +1.5% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Detroit Health Care for the Homeless sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within MI. Charities of a similar size with the same main cause include Lifequest Nursing Center ($14.7m), Hot Springs Health Program Inc ($14.7m) and Morrisville Auxiliary of State Univ College of Agricult & Technology ($14.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 35% of the total. Other salaries and wages came to $7.7m. At year end it held assets of $15.8m against liabilities of $6.7m, net assets of $9.2m. It reported 134 employees.