Greater Ishpeming Commission on Aging

Analysis

Greater Ishpeming Commission on Aging is a registered charity in United States, based in Ishpeming, MI. It received its IRS tax-exemption ruling in June 1986, 40 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 December 2023, Greater Ishpeming Commission on Aging reported income of $467k and spending of $405k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $313k to $467k (+49%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Greater Ishpeming Commission on Aging sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within MI. Charities of a similar size with the same main cause include Amoveo Group ($467k), Oakland Institute ($467k) and Community Bread Basket Inc ($467k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $250k (62% of expenses). At year end it held assets of $742k against liabilities of $8,865, net assets of $733k. It reported 22 employees.