Michigan Interfaith Power & Light Inc

Analysis

Michigan Interfaith Power & Light Inc is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Interfaith Power & Light Inc reported income of $473k and spending of $391k, spending 83% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $254k to $473k (+86%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 83%. Over the whole period it spent 77% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Michigan Interfaith Power & Light Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within MI. Charities of a similar size with the same main cause include His Heart Ministries International ($473k), Friends of Hillel at Stony Brook Inc ($473k) and Dietrich Von Hildebrand Legacy Project ($473k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 9.1% of the total. Other salaries and wages came to $173k. At year end it held assets of $406k against liabilities of $6,817, net assets of $399k. It reported 4 employees.