Refuge in Otsego County

Analysis

Refuge in Otsego County is a registered charity in United States, based in Gaylord, MI. It received its IRS tax-exemption ruling in June 2016, 10 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, Refuge in Otsego County reported income of $118k and spending of $98k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $179k to $118k (-34%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Refuge in Otsego County sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within MI. Charities of a similar size with the same main cause include Ex-Saker Students Association USA Inc ($118k), Simadon Corporation ($118k) and Rapid City Supportive Housing Inc ($118k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $49k against liabilities of $521, net assets of $48k.