Michigan Water Environment Association Inc
Analysis
Michigan Water Environment Association Inc is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in August 1985, 41 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 December 2023, Michigan Water Environment Association Inc reported income of $957k and spending of $958k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $814k to $957k (+18%), an average of +4.1% a year. Over the whole period it spent 104% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Michigan Water Environment Association Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within MI. Charities of a similar size with the same main cause include The Nelac Institute ($956k), California Resource Rec Assoc ($958k) and Laudholm Trust ($955k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $111k (12% of expenses). Other salaries and wages came to $206k. At year end it held assets of $965k against liabilities of $426k, net assets of $539k. It reported 8 employees.
Income and spending
Where the income comes from
- Contributions & grants 24%
- Program services 73%
- Other 2.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Nelac Institute | Weatherford | $956k |
| California Resource Rec Assoc | W Sacramento | $958k |
| Laudholm Trust | Wells | $955k |
| Santa Barbara Channel Keeper | Santa Barbara | $958k |