Philippine American Community Center of Michigan

Analysis

Philippine American Community Center of Michigan is a registered charity in United States, based in Southfield, MI. It received its IRS tax-exemption ruling in February 1987, 39 years ago. Its declared purposes cover education, which this site groups under education and training. 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 March 2024, Philippine American Community Center of Michigan reported income of $317k and spending of $243k, leaving 23% of income unspent that year. Across the 4 years on record, from March 2019 to March 2024, income grew from $81k to $317k (+292%), an average of +58% a year. The sharpest change came in the year to March 2024, when income rose by 118%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Philippine American Community Center of Michigan sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MI. Charities of a similar size with the same main cause include Shepherds Cottage ($317k), Kids Chance Inc of Pennsylvania ($317k) and Connecticut League of Conservation Voters Education Fund Inc ($317k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 99% and program service revenue 0.0% of the total. At year end it held assets of $685k against liabilities of $0, net assets of $685k.