Michigan Association of Intermediate School Administrators

Analysis

Michigan Association of Intermediate School Administrators is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in September 1988, 38 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 June 2023, Michigan Association of Intermediate School Administrators reported income of $9.8m and spending of $9.3m, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.9m to $9.8m (+231%), an average of +49% a year. The sharpest change came in the year to June 2021, when income rose by 880%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Michigan Association of Intermediate School Administrators sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within MI. Charities of a similar size with the same main cause include Warren Center Inc ($9.8m), Friends Boarding Home of Concord Quarterly Meeting ($9.8m) and National Fallen Firefighters Foundation ($9.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $177k (1.9% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $2.7m against liabilities of $1.1m, net assets of $1.6m. It reported 22 employees.