Carleton Non-profit Housing Corporation is a 501(c)(3) organization based in Warren, Michigan, registered in 1990, with $531,067 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$531K
▲ 6.5% vs prior year
Unknown median: $232K
Expenses (FY2024)
$573K
Net assets
$1.7M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Carleton Non-profit Housing Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Carleton Non-profit Housing Corporation: 35 mo reserves · -8% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Carleton Non-profit Housing Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Carleton Non-profit Housing Corporation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $331K (FY2013) to $531K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-7.9%
Spent more than it raised in the latest fiscal year.
Total assets
$1.7M
Total liabilities
$48K
Net assets
$1.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $531,067▲6.5% | $573,104▲4.0% | $1,677,115▼2.4% | $1,724,918▼2.0% | 990 |
| 2023 | $498,798▼0.7% | $551,145▲9.4% | $1,719,152▼3.0% | $1,760,769▼5.2% | 990 |
| 2022 | $502,286▲6.5% | $503,593▲8.6% | $1,771,499▼0.1% | $1,856,904▲1.2% | 990 |
| 2021 | $471,508▲13.5% | $463,909▼0.1% | $1,772,806▲0.4% | $1,834,636▲1.9% | 990 |
| 2020 | $415,319▼0.4% | $464,157▲0.7% | $1,765,207▼2.7% | $1,801,079▼3.7% | 990 |
| 2019 | $416,905▲6.3% | $461,085▲11.0% | $1,814,045▼2.4% | $1,870,123▼2.2% | 990 |
| 2018 | $392,216▲4.2% | $415,557▼3.0% | $1,858,225▼1.2% | $1,913,108▼1.4% | 990 |
| 2017 | $376,475▲11.2% | $428,390▲12.0% | $1,881,566▼2.7% | $1,940,746▼2.3% | 990 |
| 2016 | $338,520▲3.7% | $382,527▲7.6% | $1,933,481▼2.2% | $1,986,697▼1.9% | 990 |
| 2015 | $326,548▲2.3% | $355,665▲1.3% | $1,977,488▼1.5% | $2,025,911▼0.8% | 990 |
| 2014 | $319,211▼3.6% | $350,992▲2.2% | $2,006,605▼1.6% | $2,042,645▼1.5% | 990 |
| 2013 | $331,060 | $343,348▲2.9% | $2,038,386▼0.6% | $2,073,538▼0.1% | 990 |
| 2012 | — | $333,654▲1.6% | $2,050,674▲0.4% | $2,075,328▲0.4% | 990 |
| 2011 | — | $328,304▼28.7% | $2,042,650▼1.6% | $2,066,546▼7.8% | 990 |
| 2010 | — | $460,198 | $2,076,295 | $2,241,593 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Carleton Non-profit Housing Corporation (EIN 38-2906105) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.