Grand Traverse Dyslexia Association Inc

Analysis

Grand Traverse Dyslexia Association Inc is a registered charity in United States, based in Traverse City, MI. It received its IRS tax-exemption ruling in January 1992, 34 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Grand Traverse Dyslexia Association Inc reported income of $218k and spending of $247k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $246k to $218k (-11%), an average of -3.0% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Grand Traverse Dyslexia Association 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 56th percentile, and in the 55th percentile within MI. Charities of a similar size with the same main cause include Equine Science Society Inc ($218k), PTA California Congress of Parents Teachers & Students Inc ($218k) and Pflasa ($218k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $69k (28% of expenses). Other salaries and wages came to $105k. At year end it held assets of $213k against liabilities of $0, net assets of $213k.