Citizens Research Council of Michigan Inc

Analysis

Citizens Research Council of Michigan Inc is a registered charity in United States, based in Livonia, MI. It received its IRS tax-exemption ruling in December 1952, 74 years ago. 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 December 2023, Citizens Research Council of Michigan Inc reported income of $1.4m and spending of $1.3m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.4m (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Citizens Research Council of Michigan Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within MI. Charities of a similar size with the same main cause include Skaalen Retirement Services Inc ($1.4m), Childrens Center of New Milford Inc ($1.4m) and Hope and Justice Project Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% of the total. Compensation of current officers, directors and key employees was $175k (13% of expenses). Other salaries and wages came to $638k. It paid $82k in professional fundraising fees. At year end it held assets of $4.0m against liabilities of $0, net assets of $4.0m. It reported 11 employees.