Midland Explorers Boosters Inc

Analysis

Midland Explorers Boosters Inc is a registered charity in United States, based in Auburn, MI. It received its IRS tax-exemption ruling in January 2022, 4 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 December 2023, Midland Explorers Boosters Inc reported income of $168k and spending of $157k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $154k to $168k (+8.9%), an average of +8.9% 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, Midland Explorers Boosters Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within MI. Charities of a similar size with the same main cause include New York State Council Knights of Columbus Charities Inc ($168k), Greater New York Hearing and Speech Society ($168k) and Methuen Youth Hockey Association Inc ($168k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 19% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.