Battle Creek Unlimited Inc

Analysis

Battle Creek Unlimited Inc is a registered charity in United States, based in Battle Creek, MI. It received its IRS tax-exemption ruling in August 1975, 51 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Battle Creek Unlimited Inc reported income of $19.2m and spending of $4.9m, leaving 75% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.1m to $19.2m (+278%), an average of +40% a year. The sharpest change came in the year to June 2022, when income rose by 356%. Over the whole period it spent 34% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Battle Creek Unlimited Inc sits at the 98th percentile: it is larger than about 98% 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 Palmetto Goodwill Services ($19.2m), Adams and Brown Counties Economic Opportunities Inc ($19.3m) and Upper Des Moines Opportunity Inc ($19.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 4.2% of the total. Compensation of current officers, directors and key employees was $268k (5.5% of expenses). Other salaries and wages came to $609k. At year end it held assets of $84.3m against liabilities of $28.2m, net assets of $56.0m. It reported 8 employees.