Kalamazoo Alternative Housing Inc

Analysis

Kalamazoo Alternative Housing Inc is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Kalamazoo Alternative Housing Inc reported income of $236k and spending of $231k, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $168k to $236k (+41%), an average of +8.9% a year. The sharpest change came in the year to June 2024, when income rose by 31%. Over the whole period it spent 117% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kalamazoo Alternative Housing Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within MI. Charities of a similar size with the same main cause include Greater San Marcos Area Seniors Association Inc ($236k), Morgan Auto Group Helping Hand Fund Inc ($236k) and Conway Public Schools Foundation Inc ($236k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 80% and program service revenue 21% of the total. Other salaries and wages came to $46k. At year end it held assets of $791k against liabilities of $1.1m, net assets of -$300k.