Service League of Michigan City Indiana Inc

Analysis

Service League of Michigan City Indiana Inc is a registered charity in United States, based in Michigan City, IN. It received its IRS tax-exemption ruling in April 1973, 53 years ago. 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 February 2024, Service League of Michigan City Indiana Inc reported income of $68k and spending of $78k, spending 115% of what it took in. Across the 5 years on record, from February 2020 to February 2024, income grew from $28k to $68k (+142%), an average of +25% a year. The sharpest change came in the year to February 2023, when income rose by 87%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Service League of Michigan City Indiana Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within IN. Charities of a similar size with the same main cause include Malta Conferences Foundation ($68k), Little League Baseball Inc ($68k) and William Penn Fraternal Association Scholarship Foundation Inc ($68k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 81% and program service revenue 1.6% of the total. At year end it held assets of $249k against liabilities of $4,000, net assets of $245k.