Michigan House Inc

Analysis

Michigan House Inc is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in July 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Michigan House Inc reported income of $3.3m and spending of $2.9m, spending 89% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.2m to $3.3m (+170%), an average of +28% a year. The sharpest change came in the year to September 2020, when income rose by 73%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Michigan House Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Jewish Community Center of Binghamton New York Inc ($3.3m), Newport County Womens Resource Center ($3.3m) and Connect Our Kids ($3.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $1.8m (60% of expenses). At year end it held assets of $930k against liabilities of $229k, net assets of $702k. It reported 64 employees.