Manistee Catholic Central Schools Foundation

Analysis

Manistee Catholic Central Schools Foundation is a registered charity in United States, based in Manistee, MI. It received its IRS tax-exemption ruling in March 1986, 40 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Manistee Catholic Central Schools Foundation reported income of $145k and spending of $88k, leaving 40% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $267k to $145k (-46%), an average of -14% a year. The sharpest change came in the year to September 2020, when income dropped by 68%. Over the whole period it spent 54% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Manistee Catholic Central Schools Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within MI. Charities of a similar size with the same main cause include Bloomington Public Library Foundation ($145k), SMHS QB Club ($145k) and Friends of Energy Institute Inc ($145k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 16% of the total. At year end it held assets of $1.2m against liabilities of $35k, net assets of $1.1m.