Economic Development Council of Livingston County

Analysis

Economic Development Council of Livingston County is a registered charity in United States, based in Howell, MI. It received its IRS tax-exemption ruling in September 1984, 42 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 December 2023, Economic Development Council of Livingston County reported income of $375k and spending of $460k, spending 123% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $401k to $375k (-6.5%), an average of -1.3% a year. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Economic Development Council of Livingston County 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 66th percentile, and in the 65th percentile within MI. Charities of a similar size with the same main cause include Project Restore ($375k), H O L I E of West Allis Inc ($375k) and East Windsor Police Athletic League ($375k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.