New Michigan Media

Analysis

New Michigan Media is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in June 2011, 15 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, New Michigan Media reported income of $210k and spending of $265k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $286k to $210k (-27%), an average of -7.4% a year. The sharpest change came in the year to December 2020, when income rose by 333%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Michigan Media sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within MI. Charities of a similar size with the same main cause include Athol High School Scholarship Association ($210k), Academy of Medicine of Brooklyn Inc ($210k) and Reno County Homeschool Connection Ltd ($210k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $268k against liabilities of $0, net assets of $268k.