Southfield Non-profit Housing Corporation is a 501(c)(3) organization based in Southfield, Michigan, registered in 1982, with $916,601 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$917K
▲ 57.4% vs prior year
Housing median: $408K
Expenses (FY2024)
$270K
Net assets
$16.8M
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 Southfield 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 Southfield Non-profit Housing Corporation: 745 mo reserves · +71% 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 Southfield 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 Southfield Non-profit Housing Corporation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $3.5M (FY2013) to $917K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
70.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$16.9M
Total liabilities
$129K
Net assets
$16.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $916,601▲57.4% | $270,362▼20.2% | $16,793,075▲4.3% | $16,921,608▲5.0% | 990 |
| 2023 | $582,224▼4.4% | $338,787▼28.9% | $16,098,473▲2.9% | $16,119,848▲2.9% | 990 |
| 2022 | $609,165▲51.5% | $476,671▲52.4% | $15,639,987▼3.1% | $15,661,775▼3.2% | 990 |
| 2021 | $402,111▼54.7% | $312,839▲51.5% | $16,140,660▲4.8% | $16,186,644▲4.8% | 990 |
| 2020 | $886,874▲38.0% | $206,474▼26.4% | $15,405,409▲4.6% | $15,447,692▲4.0% | 990 |
| 2019 | $642,835▲4.6% | $280,432▼15.8% | $14,724,483▲2.3% | $14,849,479▲0.9% | 990 |
| 2018 | $614,811▲49.1% | $332,896▲66.4% | $14,399,443▲4.0% | $14,713,747▲2.7% | 990 |
| 2017 | $412,483▲1.7% | $200,028▲91.4% | $13,842,934▲1.7% | $14,325,589▲4.7% | 990 |
| 2016 | $405,394▼8.2% | $104,518▲65.0% | $13,618,086▲2.1% | $13,679,295▲2.5% | 990 |
| 2015 | $441,690▼90.8% | $63,346▼97.8% | $13,344,098▲0.2% | $13,349,798▼0.8% | 990 |
| 2014 | $4,778,886▲35.2% | $2,898,652▲11.3% | $13,313,006▲16.4% | $13,455,310▼22.1% | 990 |
| 2013 | $3,534,623 | $2,603,728▼3.0% | $11,432,772▲8.9% | $17,270,658▲1.8% | 990 |
| 2012 | — | $2,683,971▼6.6% | $10,501,877▲10.4% | $16,968,922▲2.0% | 990 |
| 2011 | — | $2,873,301▲11.1% | $9,508,425▲8.5% | $16,638,840▲0.4% | 990 |
| 2010 | — | $2,585,162 | $8,764,402 | $16,573,358 | 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 Southfield Non-profit Housing Corporation (EIN 38-2221201) 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.