Mid Michigan Community Action Agency Inc

Analysis

Mid Michigan Community Action Agency Inc is a registered charity in United States, based in Farwell, MI. It received its IRS tax-exemption ruling in May 1966, 60 years ago. 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, Mid Michigan Community Action Agency Inc reported income of $18.3m and spending of $18.2m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $10.3m to $18.3m (+78%), an average of +16% a year. The sharpest change came in the year to September 2021, when income rose by 54%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mid Michigan Community Action Agency 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 Future Business Leaders of America Phi Beta Lambda Inc ($18.3m), University of Valley Forge of the Assemblies of God ($18.3m) and Community Action PRGM Corp of Washington-Morgan Counties Ohio ($18.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $252k (1.4% of expenses). Other salaries and wages came to $6.4m. At year end it held assets of $9.5m against liabilities of $3.6m, net assets of $5.9m. It reported 249 employees.