Micah House Corporation

Analysis

Micah House Corporation is a registered charity in United States, based in Council BLFS, IA. It received its IRS tax-exemption ruling in August 1987, 39 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, Micah House Corporation reported income of $3.4m and spending of $2.3m, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $3.4m (+84%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 91%. Over the whole period it spent 60% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Micah House Corporation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within IA. Charities of a similar size with the same main cause include Habitat for Humanity ($3.4m), Citizens Housing & Planning Association Inc ($3.4m) and Iccf Nonprofit Housing Corporation ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $17.9m against liabilities of $643k, net assets of $17.2m. It reported 35 employees.