Life Challenge of Michigan

Analysis

Life Challenge of Michigan is a registered charity in United States, based in Hillsdale, MI. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Life Challenge of Michigan reported income of $181k and spending of $186k, spending 103% of its income. Across the 6 years on record, from March 2019 to March 2024, income fell from $190k to $181k (-4.5%), an average of -0.9% a year. The sharpest change came in the year to March 2022, when income rose by 78%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Life Challenge of Michigan sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within MI. Charities of a similar size with the same main cause include Marian E Burch Adult Day Care and Rehabilitation Center ($181k), Family Promise of Collin County Inc ($181k) and Roots to Wings ($181k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 35% and program service revenue 55% of the total. At year end it held assets of $33k against liabilities of $14k, net assets of $19k. It reported 1 employees.