Michigan Elks Association Charitable Organization Inc
Analysis
Michigan Elks Association Charitable Organization Inc is a registered charity in United States, based in Howell, MI. It received its IRS tax-exemption ruling in March 1995, 31 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 May 2024, Michigan Elks Association Charitable Organization Inc reported income of $274k and spending of $274k, spending 100% of its income. Across the 6 years on record, from May 2019 to May 2024, income grew from $253k to $274k (+8.1%), an average of +1.6% a year. Over the whole period it spent 93% 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 Elks Association Charitable Organization Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within MI. Charities of a similar size with the same main cause include Millburn Education Foundation Inc ($273k), Loma Prieta Community Foundation ($274k) and Pennsylvania Highlands Community College Foundation ($273k).
On its Form 990 for the period ending May 2024, revenue came from contributions and grants 96% of the total. At year end it held assets of $492k against liabilities of $3,443, net assets of $488k.
Income and spending
Where the income comes from
- Contributions & grants 96%
- Other 4.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Millburn Education Foundation Inc | Millburn | $273k |
| Loma Prieta Community Foundation | Los Gatos | $274k |
| Pennsylvania Highlands Community College Foundation | Johnstown | $273k |
| United Way of Forsyth County Foundation | Winston Salem | $274k |