Alger-Marquette Community Action Board

Analysis

Alger-Marquette Community Action Board is a registered charity in United States, based in Marquette, MI. It received its IRS tax-exemption ruling in October 1965, 61 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Alger-Marquette Community Action Board reported income of $7.5m and spending of $7.6m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $6.0m to $7.5m (+24%), an average of +5.6% a year. The sharpest change came in the year to September 2021, when income rose by 51%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alger-Marquette Community Action Board sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MI. Charities of a similar size with the same main cause include Solano Land Trust ($7.5m), Safe House Ministries Inc ($7.5m) and First Americans Museum Foundation ($7.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $93k (1.2% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $9.4m against liabilities of $9.2m, net assets of $130k. It reported 192 employees.