Greater Muskegon Catholic Schools

Analysis

Greater Muskegon Catholic Schools is a registered charity in United States, based in Muskegon, MI. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3).

In the financial year ending June 2023, Greater Muskegon Catholic Schools reported income of $5.1m and spending of $4.5m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.6m to $5.1m (+9.2%), an average of +2.2% a year. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greater Muskegon Catholic Schools sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within MI. Charities of a similar size with the same main cause include Forest Springs Camp and Conference Center Inc ($5.1m), Still Water Wellness Group ($5.1m) and Clear Creek Baptist Bible College ($5.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $125k (2.8% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $3.6m against liabilities of $2.2m, net assets of $1.4m. It reported 84 employees.