Child and Family Services of Northwestern Michigan Inc
Analysis
Child and Family Services of Northwestern Michigan Inc is a registered charity in United States, based in Traverse City, MI. It received its IRS tax-exemption ruling in September 1984, 42 years ago. 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 September 2023, Child and Family Services of Northwestern Michigan Inc reported income of $6.9m and spending of $6.7m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $6.6m to $6.9m (+5.1%), an average of +1.3% a year. Over the whole period it spent 96% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Child and Family Services of Northwestern Michigan Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MI. Charities of a similar size with the same main cause include West End Neighborhood House Inc ($6.9m), Flathead Valley Community College Foundation Inc ($6.9m) and Hospice and Palliative Care of the Piedmont Inc ($6.9m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $178k (2.6% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $2.9m against liabilities of $1.1m, net assets of $1.8m. It reported 216 employees.
Income and spending
Where the income comes from
- Contributions & grants 49%
- Program services 51%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| West End Neighborhood House Inc | Wilmington | $6.9m |
| Flathead Valley Community College Foundation Inc | Kalispell | $6.9m |
| Hospice and Palliative Care of the Piedmont Inc | Greenwood | $6.9m |
| Public Art Fund Inc | New York | $6.9m |