Michigan Municipal League Foundation

Analysis

Michigan Municipal League Foundation is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in June 1992, 34 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Michigan Municipal League Foundation reported income of $1.1m and spending of $1.0m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.2m to $1.1m (-3.5%), an average of -0.9% a year. The sharpest change came in the year to June 2020, when income rose by 428%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Michigan Municipal League Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within MI. Charities of a similar size with the same main cause include Friends of Foster Kids ($1.1m), Corcoran Community Supporting Organization ($1.1m) and White Rose Leadership Institute ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $2.9m against liabilities of $2.4m, net assets of $582k.