Michigan Nonprofit Association
Analysis
Michigan Nonprofit Association is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in March 1992, 34 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 Nonprofit Association reported income of $6.1m and spending of $4.3m, leaving 30% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.2m to $6.1m (-26%), an average of -7.3% a year. The sharpest change came in the year to June 2023, when income rose by 68%. Over the whole period it spent 89% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Michigan Nonprofit Association sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within MI. Charities of a similar size with the same main cause include St Anthonys Hospice Inc ($6.1m), Lasallian Educational and Research Initiatives ($6.1m) and Foundation Forward Inc ($6.1m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $183k (4.3% of expenses). Other salaries and wages came to $999k. At year end it held assets of $8.8m against liabilities of $2.5m, net assets of $6.3m. It reported 20 employees.
Income and spending
Where the income comes from
- Contributions & grants 80%
- Program services 20%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| St Anthonys Hospice Inc | Henderson | $6.1m |
| Lasallian Educational and Research Initiatives | Winona | $6.1m |
| Foundation Forward Inc | Valdese | $6.1m |
| Artspace Inc | Salt Lake Cty | $6.1m |