KBJ Nonprofit Housing

Analysis

KBJ Nonprofit Housing is a registered charity in United States, based in Portage, MI. It received its IRS tax-exemption ruling in February 2012, 14 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, KBJ Nonprofit Housing reported income of $564k and spending of $187k, leaving 67% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $260k to $564k (+117%), an average of +117% a year. The sharpest change came in the year to December 2023, when income rose by 117%. Over the whole period it spent 51% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, KBJ Nonprofit Housing sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within MI. Charities of a similar size with the same main cause include Yachad Inc ($564k), Rosewood Cordele Development Inc ($565k) and Volunteers of America Inc ($563k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. At year end it held assets of $542k against liabilities of $0, net assets of $542k.