Michigan Indian Employment & Training Services Inc

Analysis

Michigan Indian Employment & Training Services Inc is a registered charity in United States, based in Muskegon, MI. It received its IRS tax-exemption ruling in July 1993, 33 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 June 2023, Michigan Indian Employment & Training Services Inc reported income of $357k and spending of $361k, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $264k to $357k (+35%), an average of +7.9% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Michigan Indian Employment & Training Services Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within MI. Charities of a similar size with the same main cause include Conference of Western Wayne ($357k), Junior League of Westchester on the Sound Inc ($357k) and Keyah Advanced Rural Manufacturing Alliance ($357k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $81k (22% of expenses). Other salaries and wages came to $101k. At year end it held assets of $18k against liabilities of $8,725, net assets of $8,990. It reported 3 employees.