Great Lakes People Fund

Analysis

Great Lakes People Fund is a registered charity in United States, based in Boyne City, MI. It received its IRS tax-exemption ruling in October 2000, 26 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 December 2023, Great Lakes People Fund reported income of $268k and spending of $247k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $243k to $268k (+10%), an average of +2.5% a year. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Great Lakes People Fund sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within MI. Charities of a similar size with the same main cause include Resourcesunite ($268k), The New Citizens Press Community Action Network ($268k) and Pitzer Family Education Foundation ($268k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $200k against liabilities of $15k, net assets of $185k.