Great Lakes Intercollegiate Athletic Conference

Analysis

Great Lakes Intercollegiate Athletic Conference is a registered charity in United States, based in Bay City, MI. It received its IRS tax-exemption ruling in April 1981, 45 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Great Lakes Intercollegiate Athletic Conference reported income of $1.2m and spending of $1.3m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $796k to $1.2m (+57%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 31%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Great Lakes Intercollegiate Athletic Conference sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within MI. Charities of a similar size with the same main cause include Renaissance Fencing Inc ($1.2m), Cambridge Camping Association Inc ($1.3m) and Santa Clara Sporting Club ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $135k (10% of expenses). Other salaries and wages came to $190k. At year end it held assets of $1.4m against liabilities of $21k, net assets of $1.4m. It reported 5 employees.