Jackson Area Manufacturers Association

Analysis

Jackson Area Manufacturers Association is a registered charity in United States, based in Jackson, MI. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Jackson Area Manufacturers Association reported income of $846k and spending of $815k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $921k to $846k (-8.2%), an average of -2.1% a year. The sharpest change came in the year to December 2020, when income dropped by 28%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jackson Area Manufacturers Association sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MI. Charities of a similar size with the same main cause include Lukes Place ($846k), Maltby Food Bank ($846k) and Pacific County Immigrant Support ($845k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $97k (12% of expenses). Other salaries and wages came to $267k. At year end it held assets of $865k against liabilities of $307k, net assets of $558k. It reported 5 employees.