Macomb Cultural and Economic Partnership
Analysis
Macomb Cultural and Economic Partnership is a registered charity in United States, based in Mount Clemens, MI. It received its IRS tax-exemption ruling in February 1976, 50 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, Macomb Cultural and Economic Partnership reported income of $234k and spending of $95k, leaving 59% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $168k to $234k (+39%), an average of +8.6% a year. The sharpest change came in the year to September 2022, when income rose by 143%. Over the whole period it spent 81% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Macomb Cultural and Economic Partnership sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within MI. Charities of a similar size with the same main cause include Beauty Amidst the Ashes Inc ($234k), Whispers of Hope Horsefarm ($234k) and Michigan Sportsmen Against Hunger ($234k).
On its Form 990 for the period ending September 2023, revenue came from program service revenue 22% of the total. Other salaries and wages came to $14k. At year end it held assets of $582k against liabilities of $709, net assets of $581k. It reported 1 employees.
Income and spending
Where the income comes from
- Program services 22%
- Other 78%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Beauty Amidst the Ashes Inc | Newell | $234k |
| Whispers of Hope Horsefarm | Wichita Falls | $234k |
| Michigan Sportsmen Against Hunger | Chelsea | $234k |
| Compass Aviation Inc | Shelby | $234k |