Involved Citizens Enterprises Inc

Analysis

Involved Citizens Enterprises Inc is a registered charity in United States, based in Traverse City, MI. It received its IRS tax-exemption ruling in April 1983, 43 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 (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, Involved Citizens Enterprises Inc reported income of $1.6m and spending of $1.5m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.6m to $1.6m (-0.4%), an average of -0.1% a year. The sharpest change came in the year to September 2022, when income rose by 35%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Involved Citizens Enterprises Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within MI. Charities of a similar size with the same main cause include Iowa Soccer Association ($1.6m), Happy Hollow Childrens Camp Inc ($1.6m) and Fairfield Arts & Convention Center ($1.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.2% and program service revenue 90% of the total. Other salaries and wages came to $482k. At year end it held assets of $3.5m against liabilities of $1.2m, net assets of $2.2m. It reported 25 employees.