American Association of Blacks in Energy-Michigan Chapter

Analysis

American Association of Blacks in Energy-Michigan Chapter is a registered charity in United States, based in Livonia, MI. It received its IRS tax-exemption ruling in June 1997, 29 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, American Association of Blacks in Energy-Michigan Chapter reported income of $100k and spending of $65k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $79k to $100k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Association of Blacks in Energy-Michigan Chapter sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within MI. Charities of a similar size with the same main cause include Blessed Transportation & Associates ($100k), South Carolina Congress of Parents and Teachers ($100k) and Douglas County Library Foundation ($100k).

At year end it held assets of $397k against liabilities of $0, net assets of $397k.