Carleton Non-Profit Housing Corporation

Analysis

Carleton Non-Profit Housing Corporation is a registered charity in United States, based in Warren, MI. It received its IRS tax-exemption ruling in March 1990, 36 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Carleton Non-Profit Housing Corporation reported income of $499k and spending of $551k, spending 110% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $392k to $499k (+27%), an average of +4.9% a year. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Carleton Non-Profit Housing Corporation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within MI. Charities of a similar size with the same main cause include Free Clinic of Franklin County Inc ($499k), Escalon Heritage Homes Inc ($499k) and Auburn Youth & Family Services Inc ($499k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 56% and program service revenue 42% of the total. At year end it held assets of $1.8m against liabilities of $42k, net assets of $1.7m.