Fair Housing Center of Washtenaw County Inc
Analysis
Fair Housing Center of Washtenaw County Inc is a registered charity in United States, based in Ypsilanti, MI. It received its IRS tax-exemption ruling in August 1992, 34 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending August 2023, Fair Housing Center of Washtenaw County Inc reported income of $782k and spending of $682k, spending 87% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $426k to $782k (+84%), an average of +16% a year. The sharpest change came in the year to August 2023, when income rose by 41%. Over the whole period it spent 88% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Fair Housing Center of Washtenaw County Inc 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 Citizens Concerned for the Homeless Inc ($782k), Marathon Cooperative Inc ($782k) and SRCF Supporting Organization ($781k).
On its Form 990 for the period ending August 2023, revenue came from contributions and grants 91% and program service revenue 8.7% of the total. Compensation of current officers, directors and key employees was $120k (18% of expenses). Other salaries and wages came to $367k. At year end it held assets of $394k against liabilities of $0, net assets of $394k. It reported 31 employees.
Income and spending
Where the income comes from
- Contributions & grants 91%
- Program services 8.7%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Citizens Concerned for the Homeless Inc | Michigan City | $782k |
| Marathon Cooperative Inc | Orange | $782k |
| SRCF Supporting Organization | Sacramento | $781k |
| Energy Assistance Foundation | Decatur | $782k |