Michigan Municipal Treasurers Association

Analysis

Michigan Municipal Treasurers Association is a registered charity in United States, based in Tawas City, MI. It received its IRS tax-exemption ruling in December 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Michigan Municipal Treasurers Association reported income of $422k and spending of $398k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $261k to $422k (+61%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 110%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Michigan Municipal Treasurers Association sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within MI. Charities of a similar size with the same main cause include Akwd Any Kid Will Do ($422k), Maitripa College ($422k) and Royal Arch Research Assistance Inc ($422k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. At year end it held assets of $295k against liabilities of $109k, net assets of $186k.