Charity Search / JAMES H COLE LEGACY FOUNDATION
Housing & Shelter (L11) 990 on File

JAMES H COLE LEGACY FOUNDATION

EIN: 20-3198221 · DETROIT, MI 48235-4239 · United States · FY 2025 Data
3 out of 5 41 / 100 Based on 2+ years of filings
Financial strength (30%) 63/100
Reliability (20%) 45/100
Effectiveness (25%) 51/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$115K
Total Revenue
$101K
Total Expenses
$40K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 100.0%
Fundraising Efficiency N/A
Operating Reserve 4.78x
Liability-to-Asset 0.0%
Revenue Diversification 83.5%
Executive Compensation $20K
Compared with Peers
FY 2025
Compared with 2,936 similar organizations (United States, Housing & Shelter, $100K–$1M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
100.0% 87.3%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
4.8 mo 13.5 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 21.9%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
83.5% 90.8%
P10P90
Above median
Surplus margin
Surplus as a share of revenue
12.8% -6.0%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $115K $101K $40K 100.0%
2023 $73K $73K $10K 96.5%
2022 $50K $56K $11K 90.9%
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Organization Details
EIN
20-3198221
State
MI
City
DETROIT
ZIP
48235-4239
Classification
L11
Category
Housing & Shelter
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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