Michigan Federation for Children and Families
Analysis
Michigan Federation for Children and Families is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in December 1985, 41 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 September 2023, Michigan Federation for Children and Families reported income of $1.1m and spending of $980k, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $723k to $1.1m (+49%), an average of +10% a year. The sharpest change came in the year to September 2022, when income rose by 40%. Over the whole period it spent 94% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Michigan Federation for Children and Families sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within MI. Charities of a similar size with the same main cause include Boys and Girls Home of Sioux City Iowa ($1.1m), Madav IX Foundation ($1.1m) and Families of Children Under Stress Inc ($1.1m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 21% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $334k (34% of expenses). Other salaries and wages came to $233k. At year end it held assets of $473k against liabilities of $171k, net assets of $301k. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 21%
- Program services 75%
- Other 3.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Boys and Girls Home of Sioux City Iowa | Sioux City | $1.1m |
| Madav IX Foundation | Cleveland | $1.1m |
| Families of Children Under Stress Inc | Atlanta | $1.1m |
| Community Housing Ministry Inc | Saint Joseph | $1.1m |