Incorporation to Maximize Personal
Analysis
Incorporation to Maximize Personal is a registered charity in United States, based in Port Huron, MI. It received its IRS tax-exemption ruling in June 1982, 44 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, Incorporation to Maximize Personal reported income of $7.2m and spending of $6.9m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.8m to $7.2m (+24%), an average of +5.5% a year. The sharpest change came in the year to September 2020, when income rose by 15%. Over the whole period it spent 95% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Incorporation to Maximize Personal sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MI. Charities of a similar size with the same main cause include Shore Community Services Inc ($7.2m), Siouxland Human Investment Partnership Inc ($7.2m) and Golden Corridor Family YMCA ($7.2m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 6.3% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $154k (2.2% of expenses). Other salaries and wages came to $4.7m. At year end it held assets of $5.7m against liabilities of $965k, net assets of $4.7m. It reported 162 employees.
Income and spending
Where the income comes from
- Contributions & grants 6.3%
- Program services 93%
- Other 0.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Shore Community Services Inc | Skokie | $7.2m |
| Siouxland Human Investment Partnership Inc | Sioux City | $7.2m |
| Golden Corridor Family YMCA | Schaumburg | $7.2m |
| Many Hands for Haiti | Pella | $7.2m |