Michigan Association of Secondary School Principals

Analysis

Michigan Association of Secondary School Principals is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in March 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 2023, Michigan Association of Secondary School Principals reported income of $4.6m and spending of $4.3m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.7m to $4.6m (+23%), an average of +5.3% a year. The sharpest change came in the year to June 2022, when income rose by 35%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Michigan Association of Secondary School Principals sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within MI. Charities of a similar size with the same main cause include Women in Aviation International ($4.6m), Northern Forest Center Inc ($4.6m) and Makua Lani Christian Academy ($4.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $313k (7.3% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $5.9m against liabilities of $1.0m, net assets of $4.8m. It reported 19 employees.