Michigan Shores Club Foundation

Analysis

Michigan Shores Club Foundation is a registered charity in United States, based in Wilmette, IL. It received its IRS tax-exemption ruling in January 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Shores Club Foundation reported income of $99k and spending of $78k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $99k (+66%), an average of +66% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Michigan Shores Club Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within IL. Charities of a similar size with the same main cause include Rio Vista School Booster Club ($99k), Beauty Certified Education Association ($99k) and Robert J Cavanaugh - Millwright Local 740 Scholarship Fund ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $441k against liabilities of $0, net assets of $441k.