Top of Michigan Trails Council Inc

Analysis

Top of Michigan Trails Council Inc is a registered charity in United States, based in Petoskey, MI. It received its IRS tax-exemption ruling in January 1996, 30 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Top of Michigan Trails Council Inc reported income of $397k and spending of $424k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $283k to $397k (+40%), an average of +8.9% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Top of Michigan Trails Council Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within MI. Charities of a similar size with the same main cause include Hamilton Township Recreation Soccer Association ($397k), Blazing 7 on 7 Inc ($397k) and Big Sun Youth Soccer League Inc ($397k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $138k (33% of expenses). At year end it held assets of $859k against liabilities of $3,206, net assets of $856k. It reported 4 employees.