Consulting Advocacy Resources Education Inc

Analysis

Consulting Advocacy Resources Education Inc is a registered charity in United States, based in Alpena, MI. It received its IRS tax-exemption ruling in November 1994, 32 years ago. 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, Consulting Advocacy Resources Education Inc reported income of $55k and spending of $97k, spending 178% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $121k to $55k (-55%), an average of -18% a year. The sharpest change came in the year to December 2020, when income rose by 74%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Consulting Advocacy Resources Education Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within MI. Charities of a similar size with the same main cause include Lafayette County Cancer Coalition ($55k), Harbor Beach United Community Fund ($55k) and Projectigive Inc ($55k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 76% of the total. Other salaries and wages came to $60k. At year end it held assets of $218k against liabilities of $277, net assets of $217k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.