West Michigan Construction Institute
Analysis
West Michigan Construction Institute is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, West Michigan Construction Institute reported income of $2.9m and spending of $1.6m, leaving 44% of income unspent that year. Across the 5 years on record, from December 2020 to June 2024, income grew from $261k to $2.9m (+1018%), an average of +83% a year. The sharpest change came in the year to December 2021, when income rose by 968%. Over the whole period it spent 39% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, West Michigan Construction Institute sits at the 85th percentile: it is larger than about 85% 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 Quantum Steam Academy ($2.9m), Sun Mountain School Foundation ($2.9m) and Mountain View Montessori ($2.9m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 66% and program service revenue 31% of the total. At year end it held assets of $7.2m against liabilities of $1.0m, net assets of $6.2m.
Income and spending
Where the income comes from
- Contributions & grants 66%
- Program services 31%
- Other 2.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Quantum Steam Academy | Saint Paul | $2.9m |
| Sun Mountain School Foundation | Santa Fe | $2.9m |
| Mountain View Montessori | Ogden | $2.9m |
| American Progressive Telugu Association | Wichita | $2.9m |