Midtown Neighborhood Association

Analysis

Midtown Neighborhood Association is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in October 1987, 39 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 June 2024, Midtown Neighborhood Association reported income of $77k and spending of $70k, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $54k to $77k (+41%), an average of +9.0% a year. The sharpest change came in the year to June 2023, when income rose by 30%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Midtown Neighborhood Association sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within MI. Charities of a similar size with the same main cause include PTA New York Congress ($77k), Honor Flight Northland Inc ($77k) and Georgia School Food Service Foundation ($77k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 64% and program service revenue 36% of the total. Other salaries and wages came to $44k. At year end it held assets of $11k against liabilities of $0, net assets of $11k. It reported 1 employees.