Releaf Michigan Inc

Analysis

Releaf Michigan Inc is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in June 1990, 36 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Releaf Michigan Inc reported income of $366k and spending of $372k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $151k to $366k (+142%), an average of +25% a year. The sharpest change came in the year to December 2020, when income rose by 180%. Over the whole period it spent 94% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Releaf Michigan Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within MI. Charities of a similar size with the same main cause include Reuse It Center Inc ($366k), Troy Nature Society ($366k) and Great Plains Restoration Council ($366k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $30k (8.1% of expenses). Other salaries and wages came to $65k. At year end it held assets of $202k against liabilities of $79k, net assets of $123k. It reported 2 employees.