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Michigan Lean Consortium

RegisteredEIN 27-1995557Haslett, MIEducation and training
Income$99k2023-12
Spending$72ksame year
Spent / received61%2-year average
Size in its cause39th pctEducation and training
Exempt since2014Publicly supported organisat
Employees–latest return

Analysis

Michigan Lean Consortium is a registered charity in United States, based in Haslett, MI. It received its IRS tax-exemption ruling in February 2014, 12 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 Lean Consortium reported income of $99k and spending of $72k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $93k to $99k (+7.0%), an average of +7.0% a year. Over the whole period it spent 61% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Michigan Lean Consortium 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 36th percentile within MI. Charities of a similar size with the same main cause include Parkway North Band Backers Association ($99k), Student Optometric Leadership Network ($99k) and Friends of the Jackson County Public Library Inc ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 67% of the total. At year end it held assets of $84k against liabilities of $0, net assets of $84k.

Income and spending

$0$25k$50k$74k$99k2022 Income: $92,6782022 Spending: $45,79020222023 Income: $99,1962023 Spending: $71,9972023
IncomeSpending

Where the income comes from

  • Program services 67%
  • Other 33%

Similar-sized charities, same cause

CharityLocationIncome
Parkway North Band Backers AssociationSaint Louis$99k
Student Optometric Leadership NetworkCleveland$99k
Friends of the Jackson County Public Library IncSylva$99k
Penryn Parent-Teacher ClubPenryn$99k