Dematic Employee Association

Analysis

Dematic Employee Association is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in February 1987, 39 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 June 2024, Dematic Employee Association reported income of $87k and spending of $86k, spending 99% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $74k to $87k (+17%), an average of +17% a year. The sharpest change came in the year to June 2024, when income rose by 17%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dematic Employee Association sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within MI. Charities of a similar size with the same main cause include Taegu Kyungbuk Society USA Inc ($87k), Friends of the Redwood Libraries ($87k) and PTA California Congress of Parents Teachers & Students Inc ($87k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,383 against liabilities of $0, net assets of $5,383.