Michigan Elementary and Middle School Principals Assoc

Analysis

Michigan Elementary and Middle School Principals Assoc is a registered charity in United States, based in Mason, MI. It received its IRS tax-exemption ruling in October 2021, 5 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 Elementary and Middle School Principals Assoc reported income of $2.2m and spending of $1.9m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $2.2m (+36%), an average of +8.1% a year. The sharpest change came in the year to June 2021, when income rose by 70%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Michigan Elementary and Middle School Principals Assoc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within MI. Charities of a similar size with the same main cause include Montessori Childrens House Inc ($2.2m), Springwater Environmental Sciencesschool ($2.2m) and National Association of Teachers of Singing Inc ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $129k (7.0% of expenses). Other salaries and wages came to $234k. At year end it held assets of $2.9m against liabilities of $286k, net assets of $2.6m. It reported 4 employees.