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Michigan Op&cmia Apprenticeship and Training Fund

RegisteredEIN 23-7369888Lansing, MIOther charitable purposes
Income$440k2023-12
Spending$307ksame year
Spent / received76%5-year average
Size in its cause66th pctOther charitable purposes
Exempt since1974Publicly supported organisat
Employees1latest return

Analysis

Michigan Op&cmia Apprenticeship and Training Fund is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in October 1974, 52 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 December 2023, Michigan Op&cmia Apprenticeship and Training Fund reported income of $440k and spending of $307k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $314k to $440k (+40%), an average of +8.8% a year. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Michigan Op&cmia Apprenticeship and Training Fund sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within MI. Charities of a similar size with the same main cause include Interbranch Special Projects Foundation of Santa Clara County ($440k), Camp Myrtlewood Inc ($440k) and South Mountain Volunteer Fire Company ($440k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Other salaries and wages came to $89k. At year end it held assets of $1.3m against liabilities of $16k, net assets of $1.3m. It reported 1 employees.

Income and spending

$0$110k$220k$330k$440k2019 Income: $314,0342019 Spending: $274,10120192020 Income: $347,4172020 Spending: $259,04220202021 Income: $371,0952021 Spending: $271,41820212022 Income: $382,6142022 Spending: $300,58920222023 Income: $439,6042023 Spending: $306,7482023
IncomeSpending

Where the income comes from

  • Program services 97%
  • Other 3.2%

Similar-sized charities, same cause

CharityLocationIncome
Interbranch Special Projects Foundation of Santa Clara CountySan Jose$440k
Camp Myrtlewood IncMyrtle Point$440k
South Mountain Volunteer Fire CompanyS Mountain$440k
Cabrini ClinicDetroit$440k