Charity Search / DETROIT AFFORDABLE HOMES INC
Housing & Shelter (L21) 990 on File

DETROIT AFFORDABLE HOMES INC

EIN: 61-1595858 · BERKLEY, MI 48072-5378 · United States · FY 2023 Data
3 out of 5
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$1.6M
Total Revenue
$1.4M
Total Expenses
$2.5M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 98.5%
Fundraising Efficiency N/A
Operating Reserve 22.31x
Liability-to-Asset 5.6%
Revenue Diversification 100.8%
Executive Compensation $493K
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $1.6M $1.4M $2.5M 98.5% 0
2022 $1.4M $554K $2.3M 98.9% 0
2021 $238K $237K N/A 0
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Organization Details
EIN
61-1595858
State
MI
City
BERKLEY
ZIP
48072-5378
Classification
L21
Category
Housing & Shelter
Rating
45★
Last Updated
Aug 2026
Form 990
On File
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