Allen Neighborhood Center Support Corp

Analysis

Allen Neighborhood Center Support Corp is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Allen Neighborhood Center Support Corp reported income of $163k and spending of $554k, spending 339% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $1.8m to $163k (-91%), an average of -55% a year. The sharpest change came in the year to December 2022, when income dropped by 74%. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Allen Neighborhood Center Support Corp sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within MI. Charities of a similar size with the same main cause include Del Rio Rotary Housing ($163k), Decatur Street Residences Inc ($164k) and Salina Elderly Housing Inc ($163k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. At year end it held assets of $9.8m against liabilities of $9.7m, net assets of $117k.