Shawl II Senior Housing Montague

Analysis

Shawl II Senior Housing Montague is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in August 1990, 36 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 December 2023, Shawl II Senior Housing Montague reported income of $272k and spending of $229k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $246k to $272k (+11%), an average of +2.6% a year. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Shawl II Senior Housing Montague sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within MI. Charities of a similar size with the same main cause include Franklin Independent Senior Housing ($272k), Mei Wah Village Inc ($272k) and Peckham Housing Corporation ($272k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 99% of the total. Other salaries and wages came to $43k. At year end it held assets of $465k against liabilities of $875k, net assets of -$410k.