D Street Senior Housing Inc

Analysis

D Street Senior Housing Inc is a registered charity in United States, based in Warren, MI. It received its IRS tax-exemption ruling in March 2007, 19 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, D Street Senior Housing Inc reported income of $532k and spending of $740k, spending 139% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $488k to $532k (+9.0%), an average of +2.2% a year. Over the whole period it spent 133% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, D Street Senior Housing Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MI. Charities of a similar size with the same main cause include Neighborhood Hope Dealers Inc ($531k), Community Project Elevation Inc ($532k) and Oakman Village Manor Senior Housing Development Corp ($531k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 52% and program service revenue 46% of the total. At year end it held assets of $5.9m against liabilities of $1.3m, net assets of $4.7m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.