Michigan Speech Coaches Inc

Analysis

Michigan Speech Coaches Inc is a registered charity in United States, based in Farmingtn HLS, MI. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Michigan Speech Coaches Inc reported income of $200k and spending of $187k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $243k to $200k (-17%), an average of -4.7% a year. The sharpest change came in the year to December 2021, when income rose by 2590%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Michigan Speech Coaches Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within MI. Charities of a similar size with the same main cause include Prairie View a & M University National Alumni Association ($200k), Society for Academic Continuing Medical Education ($200k) and Seminary for the Third Millennium ($200k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 99% of the total. At year end it held assets of $28k against liabilities of $1,256, net assets of $26k.