Manistee Recreation Association
Analysis
Manistee Recreation Association is a registered charity in United States, based in Manistee, MI. It received its IRS tax-exemption ruling in December 1944, 82 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, Manistee Recreation Association reported income of $164k and spending of $148k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $123k to $164k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. 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, Manistee Recreation Association sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within MI. Charities of a similar size with the same main cause include Steele Cooperative Preschool ($164k), Garden Club of Ohio Inc ($164k) and Friends of the Chico Community Ballet Inc ($164k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. At year end it held assets of $105k against liabilities of $1,090, net assets of $104k.
Income and spending
Where the income comes from
- Contributions & grants 70%
- Program services 30%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Steele Cooperative Preschool | Denver | $164k |
| Garden Club of Ohio Inc | Gates Mills | $164k |
| Friends of the Chico Community Ballet Inc | Chico | $164k |
| Buffalo Niagara Partnership Foundation | Buffalo | $164k |