Self Help Alternative Living Opportunities of Michigan Inc

Analysis

Self Help Alternative Living Opportunities of Michigan Inc is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in February 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Self Help Alternative Living Opportunities of Michigan Inc reported income of $809k and spending of $584k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $726k to $809k (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Self Help Alternative Living Opportunities of Michigan Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MI. Charities of a similar size with the same main cause include Gods Shelter of Love Inc ($809k), Grace International Inc ($809k) and Puppy Jake Foundation ($809k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $85k (15% of expenses). Other salaries and wages came to $196k. At year end it held assets of $1.9m against liabilities of $1,624, net assets of $1.9m. It reported 18 employees.