Ann Arbor Community Center Incorporated

Analysis

Ann Arbor Community Center Incorporated is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in July 1942, 84 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 March 2023, Ann Arbor Community Center Incorporated reported income of $63k and spending of $320k, spending 509% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income grew from $55k to $63k (+15%), an average of +3.5% a year. The sharpest change came in the year to March 2020, when income rose by 122%. Over the whole period it spent 338% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ann Arbor Community Center Incorporated sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within MI. Charities of a similar size with the same main cause include Intergroup Service Committee of the Fifth District Inc ($63k), Greenwood Mentor Group ($63k) and Waukegan Public Library Foundation Inc ($63k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $52k (16% of expenses). Other salaries and wages came to $22k. At year end it held assets of $145k against liabilities of $1,317, net assets of $143k. It reported 2 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.