Womens Resource Center of Northern Michigan

Analysis

Womens Resource Center of Northern Michigan is a registered charity in United States, based in Petoskey, MI. It received its IRS tax-exemption ruling in August 1983, 43 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, Womens Resource Center of Northern Michigan reported income of $4.3m and spending of $4.6m, spending 105% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.5m to $4.3m (+24%), an average of +5.5% a year. 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, Womens Resource Center of Northern Michigan sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within MI. Charities of a similar size with the same main cause include Catholic Charities of Central and Northern Missouri ($4.3m), Anna Maries Alliance ($4.3m) and Cambodian Association of Illinois ($4.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 77% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $149k (3.3% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $8.0m against liabilities of $1.2m, net assets of $6.8m. It reported 77 employees.