Surplus Property Roundtable

Analysis

Surplus Property Roundtable is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Surplus Property Roundtable reported income of $238k and spending of $188k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $141k to $238k (+70%), an average of +70% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 82% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Surplus Property Roundtable sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within MI. Charities of a similar size with the same main cause include Cha Real Estate Inc ($238k), Black River Area Housing Development Corp for Lawrence Cnty ($239k) and Obannon Terrace of Goshen Inc ($238k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $66k (35% of expenses). At year end it held assets of $213k against liabilities of $0, net assets of $213k.