Saginaw County Community Action Committee

Analysis

Saginaw County Community Action Committee is a registered charity in United States, based in Saginaw, MI. It received its IRS tax-exemption ruling in April 1966, 60 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, Saginaw County Community Action Committee reported income of $2.0m and spending of $2.1m, spending 103% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $2.2m to $2.0m (-11%), an average of -2.8% a year. The sharpest change came in the year to September 2022, when income rose by 30%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Saginaw County Community Action Committee sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within MI. Charities of a similar size with the same main cause include Oasis Okaloosa AIDS Support and Informational Services Inc ($2.0m), The Stanton Child Resource Center Inc ($2.0m) and Jersey City Day Care One Hundred Inc ($2.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% and program service revenue 3.0% of the total. Compensation of current officers, directors and key employees was $275k (13% of expenses). Other salaries and wages came to $393k. At year end it held assets of $411k against liabilities of $535k, net assets of -$124k. It reported 37 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.