South Oakland Shelter

Analysis

South Oakland Shelter is a registered charity in United States, based in Pontiac, MI. It received its IRS tax-exemption ruling in May 1989, 37 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, South Oakland Shelter reported income of $18.6m and spending of $15.9m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $18.6m (+641%), an average of +65% a year. The sharpest change came in the year to June 2020, when income rose by 173%. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, South Oakland Shelter 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 97th percentile, and in the 97th percentile within MI. Charities of a similar size with the same main cause include Shelter Partnership Inc ($18.6m), Rosies Place Inc ($18.6m) and Hamilton Families ($18.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $523k (3.3% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $13.7m against liabilities of $3.1m, net assets of $10.6m. It reported 79 employees.