Oceana County Housing Commission Nonprofit Corporation

Analysis

Oceana County Housing Commission Nonprofit Corporation is a registered charity in United States, based in Hart, MI. It received its IRS tax-exemption ruling in March 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 2022, Oceana County Housing Commission Nonprofit Corporation reported income of $812k and spending of $123k, leaving 85% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $238k to $812k (+242%), an average of +51% a year. The sharpest change came in the year to December 2021, when income rose by 136%. Over the whole period it spent 33% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Oceana County Housing Commission Nonprofit Corporation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MI. Charities of a similar size with the same main cause include Bishop Pelczar Manor ($812k), Y Community Development Corp ($812k) and Hearthstone Homes of Wolfeboro Inc ($812k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 37% and program service revenue 61% of the total. Other salaries and wages came to $62k. At year end it held assets of $1.5m against liabilities of $331k, net assets of $1.1m.