Dickinson Iron Non Profit Housing Corp

Analysis

Dickinson Iron Non Profit Housing Corp is a registered charity in United States, based in Escanaba, MI. It received its IRS tax-exemption ruling in January 1998, 28 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, Dickinson Iron Non Profit Housing Corp reported income of $305k and spending of $280k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $277k to $305k (+10%), an average of +2.4% a year. 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, Dickinson Iron Non Profit Housing Corp sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MI. Charities of a similar size with the same main cause include Petra Community Housing ($305k), Hazel Dell Non-Profit Housing ($305k) and Lone Pine Economic Development Corporation ($305k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 22% of the total. Other salaries and wages came to $47k. At year end it held assets of $1.3m against liabilities of $413k, net assets of $871k.