Michigan Interscholastic Press Association

Analysis

Michigan Interscholastic Press Association is a registered charity in United States, based in East Lansing, MI. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Michigan Interscholastic Press Association reported income of $178k and spending of $143k, spending 80% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $213k to $178k (-17%), an average of -4.4% a year. The sharpest change came in the year to June 2023, when income rose by 75%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Michigan Interscholastic Press Association sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within MI. Charities of a similar size with the same main cause include Committee for the Future Inc ($178k), Maine Grain Alliance ($178k) and Amherst Band Boosters Inc ($178k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.9% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $15k (11% of expenses). Other salaries and wages came to $27k. At year end it held assets of $317k against liabilities of $31k, net assets of $286k.