First in Michigan
Analysis
First in Michigan is a registered charity in United States, based in Southfield, MI. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 June 2023, First in Michigan reported income of $3.1m and spending of $2.9m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.6m to $3.1m (+19%), an average of +4.4% a year. The sharpest change came in the year to June 2022, when income rose by 30%. Over the whole period it spent 81% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, First in Michigan sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within MI. Charities of a similar size with the same main cause include Elite Soccer League Inc ($3.1m), Usvi Soccer Federation Inc ($3.1m) and Special Olympics Nebraska Inc ($3.1m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $256k (8.9% of expenses). At year end it held assets of $4.0m against liabilities of $18k, net assets of $4.0m. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 61%
- Program services 37%
- Other 1.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Elite Soccer League Inc | Laguna Hills | $3.1m |
| Usvi Soccer Federation Inc | Kingshill | $3.1m |
| Special Olympics Nebraska Inc | Omaha | $3.1m |
| Colorado Springs Sports Corporation | Colorado SPGS | $3.1m |