Fair Housing Center of Southwest Michigan

Analysis

Fair Housing Center of Southwest Michigan is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in January 2000, 26 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 June 2023, Fair Housing Center of Southwest Michigan reported income of $947k and spending of $603k, leaving 36% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $425k to $947k (+123%), an average of +22% a year. The sharpest change came in the year to June 2020, when income rose by 49%. Over the whole period it spent 79% 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 Southwest Michigan sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MI. Charities of a similar size with the same main cause include Have Faith Haiti Mission Support Trust ($947k), Loho ($947k) and Quality Development Corp ($946k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $368k. At year end it held assets of $1.0m against liabilities of $23k, net assets of $1.0m. It reported 22 employees.