Allegan Homeless Solutions

Analysis

Allegan Homeless Solutions is a registered charity in United States, based in Plainwell, MI. It received its IRS tax-exemption ruling in April 2019, 7 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 December 2023, Allegan Homeless Solutions reported income of $90k and spending of $86k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $125k to $90k (-28%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Allegan Homeless Solutions sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within MI. Charities of a similar size with the same main cause include Pets Helping People Inc ($90k), National League of Young Men Inc ($90k) and Bpr-Cpr Inc ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 30% of the total. At year end it held assets of $255k against liabilities of $5,641, net assets of $249k.