Mi-Journey

Analysis

Mi-Journey is a registered charity in United States, based in Benton Harbor, MI. It received its IRS tax-exemption ruling in May 1987, 39 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Mi-Journey reported income of $223k and spending of $233k, spending 105% of its income. Across the 4 years on record, from September 2018 to September 2023, income grew from $173k to $223k (+29%), an average of +8.8% a year. The sharpest change came in the year to September 2019, when income rose by 15%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mi-Journey sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within MI. Charities of a similar size with the same main cause include Food Is Free Albuquerque Chapter ($223k), Moore Street Foundation ($223k) and Winchester Committee for a Better Chance Inc ($223k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $80k. At year end it held assets of $34k against liabilities of $5,285, net assets of $29k. It reported 4 employees.