Michigan Education Council

Analysis

Michigan Education Council is a registered charity in United States, based in Canton, MI. It received its IRS tax-exemption ruling in May 1990, 36 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Michigan Education Council reported income of $3.4m and spending of $3.5m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.4m to $3.4m (-0.7%), an average of -0.2% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Michigan Education Council sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within MI. Charities of a similar size with the same main cause include Bais Kaila Torah Preparatory High School ($3.4m), Groundworks Collaborative Inc ($3.4m) and El Centro Comunal Borincano Day Care ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 85% of the total. At year end it held assets of $9.6m against liabilities of $3.4m, net assets of $6.2m. It reported 53 employees.