Inter Tribal Council of Michigan Inc

Analysis

Inter Tribal Council of Michigan Inc is a registered charity in United States, based in Sault S Marie, MI. It received its IRS tax-exemption ruling in July 1977, 49 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Inter Tribal Council of Michigan Inc reported income of $19.4m and spending of $19.1m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $19.9m to $19.4m (-2.5%), an average of -0.6% a year. The sharpest change came in the year to September 2023, when income dropped by 18%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Inter Tribal Council of Michigan Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MI. Charities of a similar size with the same main cause include Horizons for Homeless Children Inc ($19.4m), Baby Fold ($19.4m) and Sangre de Cristo Hospice & Palliative Care ($19.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $204k (1.1% of expenses). Other salaries and wages came to $5.2m. At year end it held assets of $4.3m against liabilities of $2.6m, net assets of $1.6m. It reported 145 employees.