Together with Friends Non-Profit Housing Corporation

Analysis

Together with Friends Non-Profit Housing Corporation is a registered charity in United States, based in Freeland, MI. It received its IRS tax-exemption ruling in May 2001, 25 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, Together with Friends Non-Profit Housing Corporation reported income of $73k and spending of $91k, spending 124% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $74k to $73k (-1.0%), an average of -1.0% a year. Over the whole period it spent 119% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Together with Friends Non-Profit Housing Corporation sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 28th percentile within MI. Charities of a similar size with the same main cause include Palmetto Breeze Apartments Inc ($73k), Dream House Homes Inc ($73k) and Community Apartments Corporation of Metrolina 7 ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $326k against liabilities of $5,885, net assets of $320k.