Manistee County Community

Analysis

Manistee County Community is a registered charity in United States, based in Manistee, MI. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Manistee County Community reported income of $1.6m and spending of $1.4m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.9m to $1.6m (-60%), an average of -21% a year. The sharpest change came in the year to December 2020, when income dropped by 59%. Over the whole period it spent 68% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Manistee County Community sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within MI. Charities of a similar size with the same main cause include Ely Area Community Foundation Inc ($1.6m), Arches Alaska ($1.6m) and Keren Kiryat Sefer Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% of the total. Compensation of current officers, directors and key employees was $118k (8.6% of expenses). Other salaries and wages came to $231k. At year end it held assets of $36.8m against liabilities of $1.1m, net assets of $35.7m. It reported 6 employees.