Macomb Family Services Inc

Analysis

Macomb Family Services Inc is a registered charity in United States, based in Clinton TWP, MI. It received its IRS tax-exemption ruling in August 1980, 46 years ago. 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, Macomb Family Services Inc reported income of $8.1m and spending of $7.0m, spending 87% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $6.5m to $8.1m (+24%), an average of +5.6% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Macomb Family Services Inc 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 94th percentile, and in the 94th percentile within MI. Charities of a similar size with the same main cause include American Brain Tumor Association ($8.1m), Jewish Family Service of Greater Hartford Inc ($8.1m) and National Church Residences at Home Hospice Central Ohio ($8.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.8% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $175k (2.5% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $3.5m against liabilities of $1.7m, net assets of $1.9m. It reported 124 employees.