Michigan Armed Forces Hospitality Center Inc

Analysis

Michigan Armed Forces Hospitality Center Inc is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Michigan Armed Forces Hospitality Center Inc reported income of $174k and spending of $188k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $305k to $174k (-43%), an average of -13% a year. The sharpest change came in the year to December 2020, when income dropped by 46%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Michigan Armed Forces Hospitality Center Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within MI. Charities of a similar size with the same main cause include Coalition for the Homeless of Nassau County ($174k), STL Veterans Home Assistance League ($174k) and Lukes Place Inc ($174k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Other salaries and wages came to $58k. At year end it held assets of $114k against liabilities of $10k, net assets of $104k. It reported 2 employees.