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Macomb Cultural and Economic Partnership

RegisteredEIN 38-2062103Mount Clemens, MIPoverty relief
Income$234k2023-09
Spending$95ksame year
Spent / received81%5-year average
Size in its cause51st pctPoverty relief
Exempt since1976Publicly supported organisat
Employees1latest return

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

$0$59k$117k$176k$234k2019 Income: $168,3842019 Spending: $155,43620192020 Income: $59,6422020 Spending: $104,63320202021 Income: $58,9012021 Spending: $68,01820212022 Income: $143,0862022 Spending: $116,20520222023 Income: $234,0412023 Spending: $94,9472023
IncomeSpending

Where the income comes from

  • Program services 22%
  • Other 78%

Similar-sized charities, same cause

CharityLocationIncome
Beauty Amidst the Ashes IncNewell$234k
Whispers of Hope HorsefarmWichita Falls$234k
Michigan Sportsmen Against HungerChelsea$234k
Compass Aviation IncShelby$234k