Baraga-Houghton-Keweenaw Community Action Agency Inc

Analysis

Baraga-Houghton-Keweenaw Community Action Agency Inc is a registered charity in United States, based in Houghton, MI. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Baraga-Houghton-Keweenaw Community Action Agency Inc reported income of $1.8m and spending of $1.8m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.4m to $1.8m (+30%), an average of +6.8% a year. The sharpest change came in the year to September 2020, when income rose by 23%. 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, Baraga-Houghton-Keweenaw Community Action Agency 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 85th percentile, and in the 85th percentile within MI. Charities of a similar size with the same main cause include The Womens Center of Southeastern Michigan ($1.8m), Sisters Rising Worldwide ($1.8m) and Maple Lawn Homes Inc ($1.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $85k (4.6% of expenses). Other salaries and wages came to $530k. At year end it held assets of $647k against liabilities of $165k, net assets of $482k. It reported 30 employees.