Clinton House Non-Profit Housing Corporation

Analysis

Clinton House Non-Profit Housing Corporation is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in September 1997, 29 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 December 2023, Clinton House Non-Profit Housing Corporation reported income of $254k and spending of $375k, spending 148% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $240k to $254k (+5.9%), an average of +1.4% a year. The sharpest change came in the year to December 2022, when income rose by 142%. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Clinton House Non-Profit Housing Corporation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within MI. Charities of a similar size with the same main cause include Portland Supportive Housing Inc ($254k), SNHS Ashland Elderly Housing Inc ($254k) and Passumpsic View Inc ($254k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. Other salaries and wages came to $41k. At year end it held assets of $1.3m against liabilities of $6,874, net assets of $1.3m.