Preservation Non-profit Housing Corporation is a 501(c)(3) organization based in Lansing, Michigan, registered in 2014, with $202,558 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$203K
▲ 64.9% vs prior year
Housing median: $408K
Expenses (FY2024)
$283K
Net assets
$5.1M
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 Preservation 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 Preservation Non-profit Housing Corporation: 215 mo reserves · -40% margin earns a D 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 Preservation 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 Preservation Non-profit Housing Corporation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue declined from $8.7M (FY2015) to $203K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
-39.7%
Spent more than it raised in the latest fiscal year.
Total assets
$7.5M
Total liabilities
$2.4M
Net assets
$5.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $202,558▲64.9% | $282,923▼85.3% | $5,072,365▲11.8% | $7,482,591▲43.4% | 990 |
| 2023 | $122,806▼86.5% | $1,929,551▲14.2% | $4,538,851▼28.5% | $5,216,532▼17.8% | 990 |
| 2022 | $906,482▼47.6% | $1,690,358▲270% | $6,345,596▼11.0% | $6,345,597▼13.0% | 990 |
| 2021 | $1,731,142▲322% | $457,048▼93.2% | $7,129,472▲21.8% | $7,291,616▲24.4% | 990 |
| 2020 | $409,930▼7.3% | $6,758,189▼17.6% | $5,855,378▼52.0% | $5,859,230▼58.9% | 990 |
| 2019 | $442,297▲66.6% | $8,199,354▲632% | $12,203,637▼38.9% | $14,265,233▼31.0% | 990 |
| 2018 | $265,454▼64.5% | $1,119,725▲284% | $19,960,694▼4.1% | $20,674,924▼2.6% | 990 |
| 2017 | $747,103▲5852% | $291,716▲154% | $20,814,965▼3.5% | $21,234,027▼3.9% | 990 |
| 2016 | $12,553▼99.9% | $114,907▲31.8% | $21,560,755▼0.5% | $22,098,689▼1.7% | 990 |
| 2015 | $8,654,042 | $87,164 | $21,663,109 | $22,470,540 | 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.
Explore more
Data for Preservation Non-profit Housing Corporation (EIN 38-2822223) 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.