Writers Series of Traverse City

Analysis

Writers Series of Traverse City is a registered charity in United States, based in Traverse City, MI. It received its IRS tax-exemption ruling in August 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, Writers Series of Traverse City reported income of $724k and spending of $603k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $420k to $724k (+72%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 79%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Writers Series of Traverse City sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MI. Charities of a similar size with the same main cause include Starkville Christian School ($724k), Friends of Vada at Santa Barbara High School ($724k) and Camas Montessori School Association ($723k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $92k (15% of expenses). Other salaries and wages came to $139k. At year end it held assets of $696k against liabilities of $51k, net assets of $645k. It reported 5 employees.