Ionia County Economic Alliance

Analysis

Ionia County Economic Alliance is a registered charity in United States, based in Ionia, MI. It received its IRS tax-exemption ruling in October 1995, 31 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Ionia County Economic Alliance reported income of $133k and spending of $131k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $116k to $133k (+14%), an average of +14% a year. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ionia County Economic Alliance sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within MI. Charities of a similar size with the same main cause include St Jeans Credit Union Charitable Foundation Inc ($133k), James R Cook Labor Agency ($133k) and Colleton Development Corporation Inc ($133k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $78k against liabilities of $0, net assets of $78k.