Micha-El Institute Inc

Analysis

Micha-El Institute Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in December 2009, 17 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Micha-El Institute Inc reported income of $92k and spending of $62k, leaving 33% of income unspent that year. Across the 4 years on record, from June 2021 to June 2024, income grew from $25k to $92k (+270%), an average of +55% a year. The sharpest change came in the year to June 2024, when income rose by 138%. Over the whole period it spent 138% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Micha-El Institute Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within OR. Charities of a similar size with the same main cause include California Nursing Students Association Incorporated ($92k), William H Mason Home and School Association ($92k) and Wolfhounds Legacy Corp ($92k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. At year end it held assets of $68k against liabilities of $15k, net assets of $53k.