Mid-Michigan Guardianship
Analysis
Mid-Michigan Guardianship is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in May 1982, 44 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, Mid-Michigan Guardianship reported income of $1.0m and spending of $972k, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $991k to $1.0m (+1.7%), an average of +0.4% a year. Over the whole period it spent 103% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mid-Michigan Guardianship sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within MI. Charities of a similar size with the same main cause include Pacific Ballroom Dance ($1.0m), Great Neck Center for the Visual & Performing Arts Inc ($1.0m) and Independent Living Resources Inc ($1.0m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 17% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $74k (7.6% of expenses). Other salaries and wages came to $567k. At year end it held assets of $10.4m against liabilities of $9.9m, net assets of $460k.
Income and spending
Where the income comes from
- Contributions & grants 17%
- Program services 81%
- Other 1.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Pacific Ballroom Dance | Auburn | $1.0m |
| Great Neck Center for the Visual & Performing Arts Inc | Great Neck | $1.0m |
| Independent Living Resources Inc | Portland | $1.0m |
| Alzheimers of Central Alabama Inc | Birmingham | $1.0m |