Charity Search / CINNAIRE CORPORATION CINNAIRE
Housing & Shelter (L20) 990 on File

CINNAIRE CORPORATION CINNAIRE

EIN: 38-3126310 · LANSING, MI 48933-1704 · United States · FY 2024 Data
2 out of 5 34 / 100 Based on 2+ years of filings
Financial strength (30%) 60/100
Reliability (20%) 55/100
Effectiveness (25%) 21/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$25.0M
Total Revenue
$24.1M
Total Expenses
$64.5M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 0.7%
Fundraising Efficiency N/A
Operating Reserve 32.10x
Liability-to-Asset 10.6%
Revenue Diversification 4.0%
Executive Compensation $5.7M
Compared with Peers
FY 2024
Compared with 456 similar organizations (United States, Housing & Shelter, $10M–$100M in expenses), FY 2024.
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
0.7% 87.9%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
32.1 mo 6.7 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
10.6% 61.2%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
4.0% 91.0%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
-3.0% 9.8%
P10P90
Expense growth
Year over year expense growth
-1.9% 7.9%
P10P90
Surplus margin
Surplus as a share of revenue
3.4% 0.4%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $25.0M $24.1M $64.5M 0.7%
2023 $25.7M $24.6M $63.6M 0.6%
2022 $49.8M $22.6M $62.5M 2.5%
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Organization Details
EIN
38-3126310
State
MI
City
LANSING
ZIP
48933-1704
Classification
L20
Category
Housing & Shelter
Rating
2★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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