Alliance for Housing Oakland County Continuum of Care

Analysis

Alliance for Housing Oakland County Continuum of Care is a registered charity in United States, based in Pontiac, MI. It received its IRS tax-exemption ruling in September 2013, 13 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 September 2023, Alliance for Housing Oakland County Continuum of Care reported income of $5.8m and spending of $5.8m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $723k to $5.8m (+707%), an average of +69% a year. The sharpest change came in the year to September 2021, when income rose by 4579%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Alliance for Housing Oakland County Continuum of Care sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within MI. Charities of a similar size with the same main cause include Rainbow Housing Assistance Corporation ($5.8m), BCLF Ventures Inc ($5.8m) and Save the Family Foundation of Arizona ($5.8m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $111k (1.9% of expenses). Other salaries and wages came to $226k. At year end it held assets of $1000k against liabilities of $965k, net assets of $35k. It reported 6 employees.