Michigan Council on Economic Education

Analysis

Michigan Council on Economic Education is a registered charity in United States, based in Sterling HTS, MI. It received its IRS tax-exemption ruling in May 1978, 48 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 August 2024, Michigan Council on Economic Education reported income of $197k and spending of $193k, spending 98% of its income. Across the 5 years on record, from August 2020 to August 2024, income fell from $228k to $197k (-13%), an average of -3.5% a year. The sharpest change came in the year to August 2023, when income rose by 81%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Michigan Council on Economic Education sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within MI. Charities of a similar size with the same main cause include Workers Aid of New York ($197k), Cabrini Co-Op Inc ($197k) and Worthy Boys Camp of the Police Department Pistol Club of Rock Hil ($197k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $106k against liabilities of $612, net assets of $105k.