Evangelical Manor Inc Nonprofit Housing Corporation

Analysis

Evangelical Manor Inc Nonprofit Housing Corporation is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in December 1995, 31 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 March 2024, Evangelical Manor Inc Nonprofit Housing Corporation reported income of $774k and spending of $702k, spending 91% of its income. Across the 6 years on record, from March 2019 to March 2024, income grew from $721k to $774k (+7.4%), an average of +1.4% a year. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Evangelical Manor Inc Nonprofit Housing Corporation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MI. Charities of a similar size with the same main cause include Highland Terrace of Prestonsburg Inc ($774k), Anderson Housing Inc ($774k) and Easthampton Housing for the Elderly Inc ($774k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 65% and program service revenue 35% of the total. At year end it held assets of $1.5m against liabilities of $2.5m, net assets of -$978k.