Amyotrophic Lateral Sclerosis Association of Michigan Inc

Analysis

Amyotrophic Lateral Sclerosis Association of Michigan Inc is a registered charity in United States, based in Southfield, MI. It received its IRS tax-exemption ruling in July 1990, 36 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 January 2024, Amyotrophic Lateral Sclerosis Association of Michigan Inc reported income of $641k and spending of $754k, spending 118% of what it took in. Across the 6 years on record, from January 2019 to January 2024, income fell from $672k to $641k (-4.7%), an average of -1.0% a year. The sharpest change came in the year to January 2022, when income rose by 35%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Amyotrophic Lateral Sclerosis Association of Michigan Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MI. Charities of a similar size with the same main cause include Help -Us Help-U Inc ($640k), Bland County Volunteer Rescue Squad Inc ($641k) and Hawkins County Rescue Squad Inc ($640k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 74% of the total. Compensation of current officers, directors and key employees was $122k (16% of expenses). Other salaries and wages came to $201k. At year end it held assets of $1.3m against liabilities of $128k, net assets of $1.2m. It reported 10 employees.