Holy Creek Non-Profit Housing Corporation
Analysis
Holy Creek Non-Profit Housing Corporation is a registered charity in United States, based in Ypsilanti, MI. It received its IRS tax-exemption ruling in October 2024, 2 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 2020, Holy Creek Non-Profit Housing Corporation reported income of $337k and spending of $453k, spending 135% of what it took in. Across the 2 years on record, from December 2019 to December 2020, income grew from $323k to $337k (+4.4%), an average of +4.4% a year. Over the whole period it spent 135% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Holy Creek Non-Profit Housing Corporation sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within MI. Charities of a similar size with the same main cause include Matteson Supportive Housing NFP ($337k), Wynnfield Overbrook Revitalization Corporation ($337k) and Nhhi Robbinsdale Barrier Free Housing Corporation ($337k).
On its Form 990 for the period ending December 2020, revenue came from contributions and grants 40% and program service revenue 49% of the total. Other salaries and wages came to $83k. At year end it held assets of $4.1m against liabilities of $5.7m, net assets of -$1.6m. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 40%
- Program services 49%
- Other 11%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Matteson Supportive Housing NFP | Evanston | $337k |
| Wynnfield Overbrook Revitalization Corporation | Philadelphia | $337k |
| Nhhi Robbinsdale Barrier Free Housing Corporation | New Brighton | $337k |
| National Housing Corporation | San Marcos | $337k |