Drews Home of Clarkston Inc

Analysis

Drews Home of Clarkston Inc is a registered charity in United States, based in Clarkston, MI. It received its IRS tax-exemption ruling in November 2018, 8 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, Drews Home of Clarkston Inc reported income of $152k and spending of $49k, leaving 68% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $101k to $152k (+50%), an average of +50% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 60% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Drews Home of Clarkston Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 47th percentile within MI. Charities of a similar size with the same main cause include Cornerstone of Hope Inc ($152k), JFM No 3 Corp ($152k) and Birmingham Green Adult Disability Services Inc ($152k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $312k against liabilities of $0, net assets of $312k.